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...
Ahmedabad, Oct 4
About 72% employed people earnestly desire to invest in retirement plans but only 28% actually do so, according to a survey conducted by Max Life Insurance and Nielsen India.
Mumbai, Sept. 30
The Maharashtra Cabinet on Monday approved a policy for senior citizens, aimed at ensuring the society takes their responsibility, giving them financial security, access to healthcare and housing...
New Delhi, Sept. 17
Canteen allowance paid by the employer to employees is part of basic wages and is required to be taken into account while computing the provident fund (PF) contribution, the Delhi High Court ha...
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....
New Delhi, Oct. 3
Regional commissioners given 15 days’ time »
September 19, 2013
With changing population dynamics across the world, socio-economic stability has become crucial for many countries — hence, retirement funds constitute an important element of their agenda. Against...
New Delhi, Sept 15
The reconstituted EPFO’s Central Board of Trustees (CBT), which has to take a call on interest rate on PF deposits for the current fiscal, is likely to hold its first meeting on October 4.T...