EPFO Notification: There is good news ahead of the festive season, for all the employees who are linked with the Employees’ Provident Fund Organisation (EPFO). The EPFO employees are entitled to receive the interest amount ahead of Dussehra and Diwali festivals.
Provident Fund alert! There's good news for salaried who have EPF account as the Employees’ Provident Fund Organization (EPFO) has now started online e-nomination facility for subscribers on its website. To be noted, filing e-nomination will help users to easily file an online pension claim at the required time.
The government on Thursday approved 8.65 per cent interest rate on employees provident fund for 2018-19, news agency PTI quoted sources as saying. Over 6 crore EPFO subscribers are set to benefit with this move. Amounts will be credited to the accounts of these EPFO members.
EPF Withdrawal: Employees Provident Fund for the salaried is very valuable. For employed it works like a savings bank account as individuals a portion of salary accumulates in the account as well as provides interest. However, the interest it provides is much, much higher than what any bank savings account gives.
Good news for pensioners! In a major decision, the government on Thursday approved a proposal to recommend restoration of commuted value of pension after 15 years. This pertains to a related amendment in the Employees ' Pension Scheme (EPS) 1995. This was a long pending demand of the pensioners.
Provident fund (PF) or pension fund is to provide employees with lump-sum payments at the time of exit from their place of employment. EPF is also called the Employee Provident Fund Scheme.
The EPFO has changed the rule of the withdrawal of the provident fund online. Provident fund or pension fund is to provide employees with lump-sum payments at the time of exit from their place of employment.
The employee has to contribute 12% of the sum of basic salary, dearness allowance and retaining allowance under the EPF scheme.
Union Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8.65 per cent interest rate on Employees’ Provident Fund (EPF) for 2016-17.
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.
Hyderabad: Union Labour Minister Bandaru Dattatreya has indicated that retirement fund body EPFO’s investments in Exchange Traded Funds (ETFs) would be increased and a decision would be taken at the Central Board of Trustees meeting
New Delhi: The government is all set to bring unorganised sector workers under EPFO (Employees Provident Fund Organisation) cover.The step is being taken to provide social security to workers in the unorganised sector. According to
About Rs 43,000 crore is lying in inoperative Employees' Provident Fund accounts and interest would be credited to such accounts, government said today.
National News Bombay High Court orders demolition of Mumbai’s scam-ridden Adarsh building Mumbai: Bombay high court today ordered the Union Environment Ministry to demolish 31-storeyed Adarsh Co-operative Housing Society. The court has also ordered a
New Delhi: In a move that will affect some 15.84 crore contributors to the Employees Provident Fund scheme, the government has cut the interest rate for 2015-16 marginally to 8.7 percent from the recommended rate
New Delhi: Congress Vice-President Rahul Gandhi on Tuesday sought credit for the government's rollback of proposed move to tax EPF withdrawals. In a series of tweets, Gandhi said the government was “forced” to listen to
New Delhi: Finance Minister Arun Jaitley today announced the rollback of his budgetary proposal that allowed a part of the Employees Provident Fund withdrawal to be be taxed. Jaitley made the statement in the parliament
New Delhi: Expressing its dismay over the union budget 2016-17 proposal to tax withdrawals from the Employees' Provident Fund (EPF) contributions, industry chamber FICCI today said it was, nevertheless, encouraged by the reports that Finance
New Delhi: Congress Vice President Rahul Gandhi today demanded the rollback of government's proposal to tax employee provident fund withdrawals."People work all their lives, and EPF is the safety net for them, and to destroy
New Delhi: Under all-round attack following its Budget proposal to tax 60 per cent of withdrawals from provident fund and a ceiling on employers contribution, the government today promised to consider demands for a rollback of
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