Besides managing retirement funds, EPFO may come out with a scheme to provide housing... EPFO may provide housing to subscribers on additional payment of 10 pct PTI | New Delhi | Updated: Jan 13 2014 Besides managing retirement funds, EPFO may come out with a scheme to provide housing to its over 5 crore subscribers on additional contribution of 10 per cent by them from … [Read more...] about EPFO may come out with a scheme to provide housing
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EPFO - Employees Provident Fund Organisation
EPFO: Minimum monthly pension of Rs 1,000 to be a reality this month
EPFO: Minimum monthly pension of Rs 1,000 to be a reality this month 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 who get less than Rs 1,000 a month include 22 lakh member pensioners and 5 lakh widows as on … [Read more...] about EPFO: Minimum monthly pension of Rs 1,000 to be a reality this month
EPFO trustees may decide on 8.5% interest rate today i.e. 13th Jan, 2014
EPFO trustees may decide on 8.5% interest rate today i.e. 13th Jan, 2014 The meeting is being held nearly a year after the last in February 2013. “There are 38 items on the agenda, including approval of the annual report, as the meeting is taking place after so long,“ said a CBT member, adding that after the board’s reconstitution in May 2013, it was meeting only … [Read more...] about EPFO trustees may decide on 8.5% interest rate today i.e. 13th Jan, 2014
EPFO to decide PF interest rate on January 14
EPFO to decide PF interest rate on January 14 Retirement fund body Employees' Provident Fund Organisation (EPFO) will announce the interest rate on provident fund (PF) deposits for the current financial year on January 14 and may offer its over 5 crore subscribers a little more than 8.5 per cent provided in 2012-13. "The decision on interest rate on PF deposits for this … [Read more...] about EPFO to decide PF interest rate on January 14
Enhancement of salary limit of Employees Provident Fund
Enhancement of salary limit of Employees Provident Fund Enhancement of salary limit of Employees Provident Fund is considering to Rs.15000..! While answering to a question in Parliament, Minister of State for Labour and Employment Shri Kodikunnil Suresh said that A proposal for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from … [Read more...] about Enhancement of salary limit of Employees Provident Fund
EPFO Performance in September 2013
EPFO Performance in September 2013 While reviewing the work of Employees Provident Fund Organisation during September 2013, it has been observed that the Organisation settled 7,96,759 claims in its 123 offices located throughout the country compared to 7,49,639 claims settled during September 2012. More than 50 % of the offices settled more than 80% of the claims within 10 … [Read more...] about EPFO Performance in September 2013
EPFO Orders – Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013
EPFO Orders - Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013 Employees' Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) No. WSU/12(1)12012-13/PLB/13048 Date: 09 Oct 2013 All Regional P.F. Commissioners In-charge of the ROs/SROs Regional P.F. Commissioner-I(ASD), Head Office Sub: Declaration of … [Read more...] about EPFO Orders – Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013
8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013
8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013: Financial Express 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. The meeting of the CBT headed by the Labour Minister is likely to be called on October 4 for … [Read more...] about 8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013
How to calculate interest on General Provident Fund (GPF)
How to calculate interest on GPF General Provident Fund : Needless to say that one of the easiest and good return saving scheme for Central Government Employees who have been appointed on or before 31.12.2003. They can save not less than 6% from the total emoluments. As per the GPF Rules, subscriptions may be increased twice and/or reduced once at any time during the year. … [Read more...] about How to calculate interest on General Provident Fund (GPF)
EPFO: Digital Signatures Under Employees Provident Fund Organisation
EPFO: Digital Signatures Under Employees Provident Fund Organisation The Employees Provident Fund Organisation (EPFO) has not made it mandatory for all employers with more than 1000 workers to send their digital signatures to the EPFO. However, Employees’ Provident Fund Organisation (EPFO) is implementing the facility for online claim settlement in respect of transfer … [Read more...] about EPFO: Digital Signatures Under Employees Provident Fund Organisation
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