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EPFO NEWS IN ENGLISH

  • epf tax final stand on taxing during budget debate says

    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

  • two thirds of up population now has aadhaar card

    Two-thirds of UP population now has Aadhaar card

    India | February 17, 2016 14:35 IST

    Lucknow: The Unique Identification Authority of India (UIDAI) has generated more than 14 crore Aadhaar numbers in Uttar Pradesh, covering two-thirds of its projected population in 2015, an official said on Wednesday.Allahabad is at the

  • interest rate on small savings cut by 0.25 pf rate hiked to

    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

  • epfo forms sub committee for organization cadre

    EPFO forms sub-committee for organization, cadre restructuring

    January 17, 2016 15:15 IST

    New Delhi: EPFO has formed a committee to suggest measures for organizational and cadre restructuring of the retirement fund body, a move that would create thousands of vacancies. The sub-committee, chaired by Central Provident Fund (PF)

  • more than 27000 crores of epf is unclaimed know how you can

    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 The fund can be withdrawn by the Employee in case of retirement, resignation or by

  • no more revenue stamp on pf withdrawal claims

    No more revenue stamp on PF withdrawal claims

    August 14, 2015 17:28 IST

    New Delhi:  Retirement fund body EPFO has done away with the mandatory requirement of affixing one rupee revenue stamp on PF withdrawal claim forms."Employees Provident Fund Organisation (EPFO) has done away with the mandatory requirement

  • amit shah to meet functionaries from south 5 other events

    Amit Shah to meet functionaries from South; 5 other events of the day

    India | August 06, 2015 10:07 IST

    1. Amit Shah to meet functionaries from SouthChennai: BJP National president, Amit Shah, will today visit Madurai on for an interaction with grass root level functionaries of the party's southern district units.2. Rahat Fateh Ali

  • government set to cap premature pf withdrawals at 75

    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

  • government may cap premature provident fund withdrawals at

    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

  • cpwd contractors protest against uploading of labour details

    CPWD contractors protest against uploading of labour details

    India | June 17, 2015 17:49 IST

    New Delhi : The Central Public Works Department (CPWD) contractors today demanded withdrawal of a circular which makes it mandatory for them to upload the entire labour details at the time of placing tenders.“This circular

  • unions fume over suspension of rs1 000 minimum monthly

    Unions fume over suspension of Rs1,000 minimum monthly pension

    India | April 10, 2015 19:30 IST

    New Delhi: Trade unions are up in arms against the government for suspending Rs 1,000 minimum monthly pension scheme, which was announced by Prime Minister Narendra Modi, from this month."All central trade unions would take

  • epfo suspends rs 1 000 minimum monthly pension scheme

    EPFO suspends Rs 1,000 minimum monthly pension scheme

    April 10, 2015 6:44 IST

    New Delhi: Retirement fund body Employees Provident Fund Organisation (EPFO) has suspended the Rs 1,000 minimum monthly pension scheme from this month, a decision which will hit about 32 lakh pensioners. The scheme was launched with

  • age limit under epfo pension scheme may be raised to 60

    Age limit under EPFO pension scheme may be raised to 60

    February 15, 2015 17:39 IST

    New Delhi: Retirement fund body EPFO's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme

  • epf centre mulls reducing employee contribution to 10 from

    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

  • epfo set for major overhaul in 2015

    EPFO set for major overhaul in 2015

    December 22, 2014 16:37 IST

    New Delhi: As a new year beckons, retirement fund body EPFO (Employees' Provident Fund Organisation) is set for a major overhaul in the way it manages the provident fund deposits of its over five crore

  • epfo to float tender for engaging new fund managers

    EPFO to float tender for engaging new fund managers

    December 08, 2014 7:55 IST

    New Delhi: Retirement fund body EPFO will float a tender on December 9 for appointment of new fund managers for a term of three years beginning April 1, 2015."The process is initiated to publish the

  • rs 120 crore package for j k flood victims najma heptulla

    Rs 120 crore package for J&K flood victims: Najma Heptulla

    India | October 01, 2014 7:20 IST

    Shimla: The Ministry for Minority Affairs has announced a package of Rs 120 crore for flood victims in Jammu and Kashmir.Addressing a press conference here,Union Minority Affairs minister Najma Heptulla here yesterday said that the

  • epfo not considering any proposal to invest in stock markets

    EPFO not considering any proposal to invest in stock markets

    September 17, 2014 17:21 IST

    New Delhi: Retirement fund manager EPFO today said that it is not considering any proposal to invest a part of its huge corpus of around Rs 6 lakh crore in stock markets."We are not considering

  • epfo seeks feedback on facility for workers going abroad

    EPFO seeks feedback on facility for workers going abroad

    May 19, 2014 22:09 IST

    New Delhi: Retirement fund body EPFO has asked its field offices to seek feedback on its recently launched facility for workers from big employers such as TCS, Infosys, PWC, Bosch and HCL going on foreign

  • epfo settles 98 claims in mandated 30 days in april

    EPFO settles 98% claims in mandated 30 days in April

    May 05, 2014 17:11 IST

    New Delhi: Retirement fund body Employees' Provident Fund Organisation (EPFO) today said it has settled 98 per cent claims including withdrawal and transfer of PF within mandated 30 days period in April. “In the claims settlement

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