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EPFO NEWS IN ENGLISH

  • 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

  • epfo to provide all benefits through e mode by september

    EPFO to provide all benefits through e-mode by September

    April 17, 2014 16:40 IST

    New Delhi: Retirement fund body EPFO has decided to make all payments to its beneficiaries through electronic mode from September this year, including provident fund claims.“The Employees' Provident Fund Organisation has decided to make 100

  • epfo makes e return mandatory for private pf trusts

    EPFO makes e-return mandatory for private PF trusts

    March 30, 2014 18:44 IST

    New Delhi: Retirement fund body EPFO has made it mandatory for private provident fund trusts to file their returns online every month from April this year to improve the monitoring of these employers. “(Private PF trusts)

  • pf body to provide permanent account number from october

    PF body to provide permanent account number from October

    March 25, 2014 19:30 IST

    New Delhi: Retirement fund body EPFO will start providing permanent account numbers on the pattern of core banking services to its over five crore subscribers from October this year. Permanent or universal account number (UAN) will

  • centre may approve rs 1 000 minimum pension from this month

    Centre may approve Rs 1,000 minimum pension from this month

    India | January 14, 2014 18:16 IST

    New Delhi:  Ahead of Lok Sabha polls, the government is likely to approve this month a proposal that will entitle formal sector workers a minimum monthly pension of Rs 1,000, immediately benefiting 27 lakh pensioners.Those

  • epfo to decide interest rate on jan 13

    EPFO to decide interest rate on Jan 13

    India | December 23, 2013 17:54 IST

    New Delhi: Retirement fund body EPFO has rescheduled the meet of trustees to January 13 when it will announce interest rate on PF deposits for 2013-14 and may offer its over 5 crore subscribers a

  • epfo to pay at least 8.5 interest this fiscal

    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

  • property attached by epfo cannot be sold by establishments

    Property attached by EPFO cannot be sold by establishments: HC

    India | October 06, 2013 6:49 IST

    Chennai: Madras High Court has held that a property attached under the Employees Provident Fund (EPF) Act for non-payment of provident fund arrears cannot be alienated or sold by the defaulting industrial establishment and such

  • epfo launches facility to view pf accounts online

    EPFO launches facility to view PF accounts online

    September 06, 2013 14:25 IST

    New Delhi: Retirement fund manager EPFO has launched a facility to enable its over 5 crore subscribers view updated accounts online on real time basis without waiting for their annual PF account slips. Besides this,

  • epfo launches facility to view pf a/cs online

    EPFO launches facility to view PF A/Cs online

    India | September 06, 2013 14:21 IST

    New Delhi: Retirement fund manager EPFO today launched a facility to enable its over 5 crore subscribers view updated accounts online on real time basis without waiting for their annual PF account slips.  Besides this,

  • epfo to launch online facility to view updated accounts

    EPFO to launch online facility to view updated accounts

    August 28, 2013 16:37 IST

    New Delhi: Retirement fund manager EPFO is all set to launch a facility to provide online updated account statements on real time basis for its over 5 crore subscribers soon after the Monsoon session of

  • epfo to start online service for transfer claims by aug 15

    EPFO to start online service for transfer claims by Aug 15

    India | July 28, 2013 11:54 IST

    New Delhi, Jul 28: Retirement fund body EPFO is likely to start online transfer of PF accounts on changing jobs by this Independence Day on August 15, a move that would benefit over 13 lakh

  • epfo unveils revised pf transfer form for online

    EPFO unveils revised PF transfer form for online transactions

    India | July 04, 2013 20:49 IST

    New Delhi, Jul 4: Taking the first step towards launch of online PF transfer claim facilities, retirement fund body EPFO today unveiled the revised transfer claim form for the purpose.The launch of full fledged service

  • epfo to launch online pf claim settlement facility in july

    EPFO to launch online PF claim settlement facility in July

    June 30, 2013 14:45 IST

    New Delhi, June 30: Retirement fund body EPFO will launch online PF fund transfer and withdrawal facility in the first week of July, benefiting over 50 million subscribers."We are planning a soft launch of facility

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