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  EPF tax: Final stand on taxing during Budget debate, says Jaitley

  March 03, 2016 10:01 IST

  New Delhi: Facing flak for proposing a tax on employee provident fund withdrawals, Finance Minister Arun Jaitley said he will spell out the final decision on the matter when he replies to the debate on

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  Interest rate on small savings cut by 0.25%; PF rate hiked to 8.8%

  February 17, 2016 11:47 IST

  New Delhi/Chennai: The Employees' Provident Fund Organisation (EPFO) hiked the interest rate on provident fund from 8.75% to 8.8% for the current fiscal, while interest on short-term post office saving deposits cut by 0.25 percent.Underlined

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  More than 27000 crores of EPF is unclaimed, know how you can claim yours

  India | August 31, 2015 11:56 IST

  The Employees Provident Fund (EPF) was established through an act of Parliament. Both employees & employers contribute to the fund. The fund can be withdrawn by the Employee in case of retirement, resignation or by

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  More than Rs 27000 crores of EPF unclaimed, know how to claim yours

  August 29, 2015 22:13 IST

  Employees contribute to Provident Fund for post retirement benefits. But when employees change jobs, some of them open a new EPF account and do not operate their old EPF account. As a result, that account

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  Government set to cap premature PF withdrawals at 75%

  July 25, 2015 12:59 IST

  New Delhi: The Labour Ministry is all set to cap premature provident fund withdrawal at 75 percent of total deposits in case an EPFO subscriber goes without a job for two months.The rest 25 percent

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  Government may cap premature provident fund withdrawals at 75%

  July 07, 2015 12:36 IST

  New Delhi: The government is looking to cap premature provident fund withdrawals at 75 per cent for EPFO subscribers at any given time till the age of 58.Under the existing provisions, Employees Provident Fund Organisation

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  Govt planning to shed off employee's contribution to EPF, employer's share to remain

  March 13, 2015 9:56 IST

  New Delhi: The law governing Employees Provident Fund (EPF) is soon to see drastic changes with government planning to discontinue mandatory 12% contribution by employees while retaining the outgo for employers, however, the arrangement will

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  EPF: Centre mulls reducing employee contribution to 10 % from existing 12 %

  January 22, 2015 14:09 IST

  New Delhi: The Central government is considering reducing provident fund (PF) contribution to 10 per cent from existing 12 per cent of basic wages.It is also likely that the government would waive-off mandatory PF contributions

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  500 firms approach ministry to make PF optional

  January 07, 2015 12:58 IST

  New Delhi: As many as 500 companies have approached the Ministry of Labour to consider revamping of the laws governing salary payment and granting employees a choice in how they are paid their salary.A coalition

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  EPFO to pay at least 8.5% interest this fiscal

  November 17, 2013 16:17 IST

  New Delhi: Retirement fund body EPFO will pay at least 8.5 per cent rate of return on PF deposits for 2013-14 to its over 5 crore subscribers as provided in the previous fiscal and the

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  Provident Fund interest rate may go up from 8.5 pc

  India | October 09, 2013 20:53 IST

  New Delhi: The Employees Provident Fund Organisation will meet soon amid indicatios that it may announce higher interest rate on PF compared to 8.5 per cent interest rate given in 2012-13. The rate of return

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  EPFO mulls for time bound inquiry

  India | December 07, 2012 18:05 IST

  New Delhi, Dec 7: Initiating an inquiry against employers for lapses in maintaining Employee Provident Fund Organisation (EPFO) accounts would become difficult, with the retirement fund organisation imposing a time bar of seven years for

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  RBI Signals Banks To Hike Deposit Rates

  India | September 16, 2010 17:13 IST

  Mumbai :  On the heels of the provident fund board hiking interest rates by a percentage point to 9.5 per cent, the RBI on Thursday (Sept 16) signalled to banks to raise fixed deposit rates