Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund “The minimum pension for employees has been introduced first time so that employees’ pension is not less than Rs. 1000 per month. The wage ceiling has been raised from Rs. 6500 to Rs. 15000 per month to ensure that vulnerable groups are covered under EPF Scheme”. Under … [Read more...] about Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund
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EPFO - Employees Provident Fund Organisation
General Provident Fund (GPF) – Employee Provident Fund (EPF)
General Provident Fund (GPF) – Employee Provident Fund (EPF) The Provident Fund for Central Government employees is known as General Provident Fund (GPF). The scheme is not available for those who were appointed after 01.01.2014. They come under the newly formed National Pension Scheme. Salaried employees are eligible for Employee Provident Fund. Under this scheme, 12% of … [Read more...] about General Provident Fund (GPF) – Employee Provident Fund (EPF)
Minimum Monthly Pension and wage ceiling hiked by EPFO
Minimum Monthly Pension and wage ceiling hiked by EPFO Wage ceiling for EPF raised to Rs.15,000 The much-awaited minimum monthly pension of Rs.1,000 and a higher wage ceiling of Rs.15,000 for social security schemes run by retirement fund manager Employees’ Provident Fund Organisation (EPFO) will be implemented from September 1. The government’s decision to fix pension … [Read more...] about Minimum Monthly Pension and wage ceiling hiked by EPFO
PF(Provident Fund) Interest Rate 8.75%
Provident Fund Interest Rate 8.75% for 2014-15 EPFO retains interest rate at 8.75% for current fiscal NEW DELHI: Retirement fund body EPFO’s trustees on Tuesday decided to retain interest payment on provident fund deposits for 2014-15 at 8.75 per cent. “It has been decided to pay 8.75 per cent interest in the current fiscal,” Central Provident Fund Commissioner (CPFC) … [Read more...] about PF(Provident Fund) Interest Rate 8.75%
Welfare of SCs and STs, Varishtha Pension Bima Yojna, Minimum Pension Rs.1,000, Uniform Account Number for EPFO: Budget 2014-15
Welfare of SCs and STs, Varishtha Pension Bima Yojna, Minimum Pension Rs.1,000, Uniform Account Number for EPFO: Budget 2014-15 PRESS INFORMATION BUREAU GOVERNMENT OF INDIA GOVERNMENT REITERATES ITS COMMITMENT TO THE WELFARE OF SCs & STs New Delhi: July 10, 2014 Ashada 19, 1936 The Central Government has said that it is committed to the welfare of SCs and … [Read more...] about Welfare of SCs and STs, Varishtha Pension Bima Yojna, Minimum Pension Rs.1,000, Uniform Account Number for EPFO: Budget 2014-15
Government okays salary cap hike for EPF; threshold for savings raised from Rs 6,500 a month to Rs 15,000
Government okays salary cap hike for EPF; threshold for savings raised from Rs 6,500 a month to Rs 15,000 NEW DELHI: Employees earning upto Rs 15,000 a month will soon come under the Employees' Provident Fund (EPF) net, with the Narendra Modi government approving a hike in the threshold for mandatory PF savings from Rs 6,500 a month to Rs 15,000. Though the Manmohan Singh … [Read more...] about Government okays salary cap hike for EPF; threshold for savings raised from Rs 6,500 a month to Rs 15,000
EPFO likely to provide 9% interest for 2014-15 – Economic Times
EPFO likely to provide 9% interest for 2014-15 - Economic Times By PTI | 7 Jun, 2014 NEW DELHI: Retirement fund body EPFO is likely to provide nine per cent rate of interest on PF deposits for the current fiscal to its over five crore subscribers, slightly higher than 8.75 per cent paid in 2013-14. "The initial estimates indicate that the Employees' Provident Fund … [Read more...] about EPFO likely to provide 9% interest for 2014-15 – Economic Times
Fixed medical allowance payable to the serving as well as retired employees of the EPFO for outdoor treatment-Clarification.
Fixed medical allowance payable to the serving as well as retired employees of the EPFO for outdoor treatment-Clarification. Employees Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110 066 No. HRM-8/V/12/1/2003/FMA/Vol-II/26632 Dated: – 14th March 2014 To, All Addl. Central … [Read more...] about Fixed medical allowance payable to the serving as well as retired employees of the EPFO for outdoor treatment-Clarification.
Interest Rate @ 8.7% during the year 2014-15 for GPF and similar funds: FInmin Resolution
Interest Rate @ 8.7% during the year 2014-15 for GPF and similar funds: FInmin Resolution Government of India Ministry of Finance (Department of Economic Affairs) New Delhi, the 4th March, 2014 RESOLUTION It is announced for general information that during the year 2014-2015, accumulations at the credit of subscribers to the General Provident Fund and other … [Read more...] about Interest Rate @ 8.7% during the year 2014-15 for GPF and similar funds: FInmin Resolution
Government approves Rs 1,000 min monthly pension under EPS-95
Government approves Rs 1,000 min monthly pension under EPS-95 - PTI Government today approved the proposal to ensure Rs 1,000 minimum monthly pension under a scheme of retirement fund body EPFO that would immediately benefit 28 lakh pensioners. The decision to provide the entitlement under Employees' Pension Scheme-95, run by the Employees' Provident Fund Organisation, was … [Read more...] about Government approves Rs 1,000 min monthly pension under EPS-95
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