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EPFO members can fix pension without employers' attestation

EPFO members can fix pension without employers' attestation

Retirement fund body EPFO has introduced a simplified Universal Account Number based form, 10-D, for its subscribers for fixing their pension without employers' attestation.

Pledging PF to buy home may soon become reality

Pledging PF to buy home may soon become reality

Retirement fund body EPFO may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments.

EPFO subscribers may get housing loans at low rates

EPFO subscribers may get housing loans at low rates. Watch this bulletin and catch all the latest news and updates here.

EPFO plans to provide home loans

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Good news! EPFO finally gets govt nod to raise insurance cover of subscribers to Rs 6 lakh

Good news! EPFO finally gets govt nod to raise insurance cover of subscribers to Rs 6 lakh

Government has finally enforced the decision of retirement fund body EPFO to almost double the maximum sum assured under its insurance scheme to Rs 6 lakh for its 4 crore subscribers.

 

Govt considering low-cost housing scheme for EPFO subscribers

Govt considering low-cost housing scheme for EPFO subscribers

Government is working on a scheme to provide low-cost housing for retirement fund body EPFO's over five crore subscribers, Parliament was informed Monday.

PF interest rate hiked to 8.8% for 2015-16; further increase on cards

PF interest rate hiked to 8.8% for 2015-16; further increase on cards

Since today's announcement is an interim one, CBT will meet again later to discuss the possibility of any further increase in interest rates.

PF deposits: Know the rate of interest since 1952

PF deposits: Know the rate of interest since 1952

Know the rate of interest on PF deposits since 1952.

EPFO to give members options for investment of their funds

Retirement fund body EPFO plans to give an option to its subscribers to choose from various investment products where they want their money to be invested and a larger focus might be eventually on the equity market.

Government may make UAN mandatory for EPFO subscribers

The government is considering a proposal to make it mandatory to have Universal (portable PF) Account Number (UAN) for availing of benefits of schemes run by the Employees' Provident Fund Organisation (EPFO).

EPFO sets up expert group to consider housing scheme

Over 70 percent EPFO subscribers' basic wages are less than Rs 15,000 per month.

Affordable housing scheme for EPFO subscribers in the works

The Ministry intends to collaborate with PSU banks, housing finance companies, state-owned construction firms like NBCC and authorities like DDA, PUDA, HUDA to build houses at a price to be fixed by the government.

EPFO trustees to discuss equity investment proposal on Dec 19

Retirement fund body EPFO will discuss a proposal to invest a part of its over Rs 6 lakh crore corpus in equities in the meeting of its trustees on December 19.

EPFO to become UIDAI registrar to enrol its subscribers

The EPFO wants to seed over 4.2 crore portable Universal PF Account Numbers issued by it, with the Aadhaar number of subscribers.

EPFO's subscribers to get account update in real time from Oct 16

The Universal Account Number (UAN) member's portal will help EPFO to monitor whether their employers are depositing their PF contributions.

EPF wage ceiling raised to Rs 15,000 per month

The government on Thursday increased the wage ceiling for coverage under the Employees' Provident Fund Scheme from Rs 6,500 to Rs 15,000 per month.

EPFO likely to provide 9% interest for 2014-15

Retirement fund body EPFO is likely to provide nine percent rate of interest on PF deposits for the current fiscal to its over five crore subscribers, slightly higher than 8.75 percent paid in 2013-14.

EPFO panel meet in March to grant tax exemption to PF trusts

In a bid to protect tax benefits for subscribers of about 70 private provident fund trusts, retirement fund body EPFO will call a meeting of an empowered committee in the first week of March to grant them regular tax exemption.

CAG says EPFO earned more, paid less to members in 4 fiscals

Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.

EPFO approves Rs 1,000 minimum monthly pension

Trustees of retirement fund body EPFO Thursday approved a proposal to provide a monthly pension of minimum Rs 1,000, a decision that will immediately benefit about its 28 lakh pensioners.