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  New study debunks Jobless growth theory, says around 6 lakh jobs created per month in formal sector in FY 2017-18

  India | January 17, 2018 16:10 IST

  The study has revealed that 590,000 jobs were generated every month until November in the Financial Year 2017-18.

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  ‘PF money aimed at social security benefit’: EPFO advises members against withdrawing funds

  Business | December 12, 2017 17:19 IST

  The Employees' Provident Fund Organisation (EPFO) further said that PF money aimed at social security benefit and people should not treat it like a bank account.

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  EPFO may lower interest rate for 2017-18

  Business | November 27, 2017 10:10 IST

  Earlier on Thursday, the EPFO approved an accounting policy for valuation and accounting of equity investments which was prepared in consultancy with IIM Bangalore.

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  EPFO proposes to adopt centralised payment system to ease transactions

  Business | November 25, 2017 16:16 IST

  As per the board, the proposed system would help in transfer of funds on the same day to beneficiaries, availability of the facility of Aadhaar enabled transfer of funds and reduction in bank charges for transaction.

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  EPFO likely to pump in Rs 250-300 billion in equities in 2017-18, says report

  September 07, 2017 19:49 IST

  Emerging as a significant source of investments into capital markets, Employees Provident Fund Organisation (EPFO) is likely to pump in Rs 250-300 billion in equities in 2017-18

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  EPFO to go paperless by August 2018

  August 24, 2017 21:02 IST

  Retirement fund body Employees' Provident Fund Organisation (EPFO) will go paperless by August next year as part of Digital India initiative, which would improve delivery of services for its five crore subscribers

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  EPFO: CBT rejects proposal to reduce PF contribution to 10 pc

  May 27, 2017 22:00 IST

  Presently, employees and employers contribute 12 pc of basic wages each towards EPF, EPS and Employee Deposit Linked Insurance Scheme (EDLI).

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  Now EPFO to make all payments to members electronically

  May 08, 2017 20:50 IST

  The EPFO has over four crore subscribers and receives 1 crore claims every year including that of EPF withdrawal, pension fixation and insurance claims.

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  Govt tweaks norms, allows EPF withdrawl for treatment without doctor certificate

  April 27, 2017 18:43 IST

  The Employees' Provident Fund Scheme 1952 is amended to do away with the requirement of submission of various certificates and proformas for seeking advance for treatment of illness and purchasing equipment required in case of physical disabilities

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  EPFO to provide 8.65 pc interest on provident fund for last fiscal, says Labour minister

  April 13, 2017 18:00 IST

  The EPFO’s apex decision making body the Central Board of Trustees (CBT) had in last December decided to provide 8.65 per cent rate of interest on EPF deposits, he noted.

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  PF deposits to yield additional benefits of up to Rs 50,000 on retirement, says EPFO

  April 13, 2017 13:14 IST

  The benefit of Rs 50,000 will also be provided in case of permanent disability even if the members have contributed for less than 20 years, the EPFO board has decided

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  You can soon withdraw 90 per cent of PF to buy your dream home

  India | March 16, 2017 9:30 IST

  Govt has decided to amend Employees' Provident Fund (EPF) scheme so that around 4 crore employees could withdraw up to 90 per cent of their fund for making down payments while buying homes.

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  EPFO relaxes norms, to allow pension account withdrawals without Aadhaar

  India | February 28, 2017 18:54 IST

  The requirement of submitting Aadhaar number under Form 10C claims had led to issues in settlement of withdrawal cases, prompting the decision

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  EPFO likely to roll out facility for online withdrawal of PF starting May

  February 20, 2017 12:16 IST

  The Employees' Provident Fund Organisation (EPFO) is expected to launch an online facility for withdrawal of pension funds, settlement of claims, and pension fixation, by May this year.

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  EPFO cuts interest rate on deposits to 8.65 pc, 4 cr employees affected

  December 19, 2016 21:16 IST

  Four crore subscribers of the Provident Fund will now get lesser return on their deposits as the retirement fund body EPFO today decided to lower the interest for the current fiscal to 8.65 per cent.

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  Soon, your PF money may come handy for buying a home

  August 14, 2016 17:40 IST

  In a move aimed at simplifying the procedure of payment of EMIs for homes, the Employees' Provident Fund Organisation (EPFO) may soon roll out a scheme that will allow its over 4 crore subscribers to

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  EPFO may soon allow members to contribute for pension scheme

  June 13, 2016 18:01 IST

  Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions.

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  Government hikes EDLI sum assured to Rs 6 lakh

  May 25, 2016 21:08 IST

  Government has finally enforced the decision of retirement fund body EPFO to almost double the maximum sum assured under its insurance scheme to Rs 6 lakh for its 4 crore subscribers.

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  EPFO disburses over Rs 47,600 cr as member benefits in 2015-16

  May 13, 2016 22:20 IST

  Retirement fund body EPFO disbursed more than Rs 47,000 crore as member benefits and Rs 8,200 crore as pension payments in the last financial year.

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  EPFO has four times more members than govt claimed: RTI info

  May 06, 2016 18:13 IST

  Bhopal: The Employees' Provident Fund Organisation (EPFO) has 15.84 crore members and not 3.7 crore as claimed by the government last March in connection with their proposal to tax PF withdrawals, an RTI applicant has