New Delhi, February 23
Inoperative or unclaimed deposits with the Employees Provident Fund Organisation (EPFO) increased nine-fold to ₹2,948.11 crore in 2011-12 from ₹332.14 crore in 2006-07, says a CAG report tabled...
Thiruvananthapuram, February 11
Bailout package intended to cover for KSRTC’s huge pension outgo
New Delhi, February 3
Poll compulsions set to weigh on the Congress-led UPA Govt
New Delhi, Jan 23
The Finance Ministry has approved a proposal for providing a minimum monthly pension of Rs 1,000 to workers in the organised sector, a move which would benefit 27 lakh pensioners immediately.
New Delhi, Jan 13
Trustees’ decisions to be forwarded to FinMin’s approval »
New Delhi, Jan 8
Retirement fund manager EPFO will launch a software on Sunday to monitor over 2,700 Private Provident Fund Trusts regulated by it so as to improve the delivery of services.“Employees’ Provi...
Thane (Maha), Dec 25
As many as 135 establishments in Maharashtra, including sugar cooperatives, industrial units, educational institutes, schools, have defaulted on depositing their Provident Fund (PF) dues of Rs 142...
New Delhi, Dec 15
To avoid harassment of employees, retirement fund body EPFO has directed its field offices to sensitise employers about the need to forward in time PF claims of outgoing workers.“All region...
November 24, 2013
A ruling by the Delhi High Court says that companies must pay PF on elements such as canteen allowances, apart from the basic salary. »
New Delhi, Oct 28
Roughly 40 per cent of domestic workers globally are employed in Asia, yet the region has been slow to enact laws to protect their rights.
According to a new report by the International D...
New Delhi, Feb 19
There were consistent shortfalls in government’s contribution between 2006-07 and 2011-12 towards pension schemes run by retirement fund body EPFO, official auditor CAG has said while asking it ma...
New Delhi, Feb 10
The total corpus of the pension fund as on March 31, 2013 stood at Rs 1,83,405.36 crore. In 2012-13, the employers contributed Rs 14,734.01 crore and Rs 1,400 crore, respectively,...
February 2, 2014
VPF scores over PPF on the lack of a cap on investments and easier withdrawals »
New Delhi, Jan 13
To reduce the workload of exempted establishments and ensure better monitoring of provident fund investments, the EPFO has launched the facility for filing electronic returns.
New Delhi, Jan 12
The Central Board of Trustees (CBT) of the retirement fund body EPFO may retain interest rate at 8.5 per cent for 2013-14 at its meeting to be held on Monday. The meeting is being held n...
New Delhi, Dec 29
Retirement fund body EPFO is likely to retain 8.5 per cent rate of interest for FY 2013-14 on PF deposits for its over 5 crore subscribers, which it provided in the previous fiscal.Payment...
Hyderabad, Dec. 19
Pension funds should be tapped for investments in the real estate sector, according to C.V.R. Rajendran, Chairman and Managing Director of Andhra Bank. In his inaugural a...
Mumbai, Dec. 8
The post-retirement benefits of India’s senior citizens will not provide them comfort through the winter of the lives, an EY (formerly Ernst & Young) report indicates. The country will have 18...
Bangalore, Nov. 14
United Planters’ Association of Southern India (Upasi) has urged the Centre to amend the Employees’ Provident Funds (EPF) Act to make it worker-friendly. Addressing the UPASI-KPA Coffee...
New Delhi, Oct 9
Retirement fund body EPFO may announce higher interest rate on provident fund deposits for its over 5 crore subscribers in the current fiscal than 8.5 per cent that was provided in 2012—13....