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EPFO plans to provide home loans

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 Government mulling proposal to liquidate certain loss-making PSUs, employee interest to be protected

Government mulling proposal to liquidate certain loss-making PSUs, employee interest to be protected

In a bid to limit public expenditure, the central government is mulling over a proposal to liquidate certain loss-making PSUs

Bengaluru protests: Three-day ban on assembly of people

The government on Tuesday withdrew its new rules of provident fund withdrawal.

EPFO puts on hold new PF withdrawal norms till April 30

EPFO puts on hold new PF withdrawal norms till April 30

Retirement fund body EPFO today deferred till April 30 implementation of new norms that restrict 100 per cent withdrawal of provident fund by members after unemployment of more than two months, among others

3-yr insurance after job cessation on cards for EPFO members

Retirement fund body EPFO is likely to approve tomorrow a proposal to provide insurance cover to its subscribers for three years after cessation of employment

EPFO to probe Kingfisher Airlines' PF compliance

EPFO to probe Kingfisher Airlines' PF compliance

In fresh trouble for liquor baron Vijay Mallya, retirement fund body EPFO Tuesday formed an enforcement squad to investigate issues related to the payment of PF dues by long-grounded Kingfisher Airlines.

EPFO seals Bank a/c of over 600 firms for irregularities

EPFO seals Bank a/c of over 600 firms for irregularities

EPFO carried out a drive to realise PF contributions from employers and took the strict action against them between April 1 last year and March 10 this year.

Bad news! You can't withdraw your full PF deposit before attaining 58

Bad news! You can't withdraw your full PF deposit before attaining 58

Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana for its over five crore subscribers.

Big victory for salaried class! Controversial Budget proposal to tax EPF withdrawal rolled back

Big victory for salaried class! Controversial Budget proposal to tax EPF withdrawal rolled back

Jaitley also announced withdrawal of imposing monetary limit for contribution of employers to provident and superannuation fund of Rs 1.5 lakh for taking tax benefit.

 

PPF stays on exemption list; govt to consider partial rollback of tax on EPF withdrawals

PPF stays on exemption list; govt to consider partial rollback of tax on EPF withdrawals

 The government on Tuesday promised to consider demands for a partial rollback of the proposal to tax 60 percent of withdrawals from provident fund and a ceiling on employers contribution but made it clear that PPF will continue to be exempt from tax.

 

PF taxation issue: No tax if 60% of corpus invested in annuity

PF taxation issue: No tax if 60% of corpus invested in annuity

Seeking to dispel fears of the salaried class, the government on Tuesday clarified that the private employees can place 60 percent of investment under annuity for which they will be exempted from tax.

PF shocker! 60% of EPF and superannuation corpus to be taxed

PF shocker! 60% of EPF and superannuation corpus to be taxed

Budget 2016, announced by Finance Minister Arun Jaitley on Monday proposes to tax part of Employee Provident Fund (EPF) withdrawals from April 1, 2016.

Bad News! Now you can't withdraw your PF after attaining the age of 54

Bad News! Now you can't withdraw your PF after attaining the age of 54

Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana for its over five crore subscribers.

Interest on short-term post office schemes, KVP and 5-year RD cut by 0.25%; PF to earn more

Interest on short-term post office schemes, KVP and 5-year RD cut by 0.25%; PF to earn more

There will be no change in interest rate on long-term instruments like 5-year term deposit and similar tenure National Saving Certificates (NSC), Sukanya Samriddhi Yojana as well as Public Provident Fund (PPF).

 

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.

Online PF withdrawal facility by August this year!

Online PF withdrawal facility by August this year!

With the new facility, settling PF withdrawal claims would just take few hours.

EPFO simplifies provident fund procedure!

Taking PF is easy now as there is no need of company's permission one just should have Aadhar, PAN and UAN card.

Know the rate of interest on PF deposits since 1952

The income projections for the current fiscal suggest that the retirement fund body EPFO can pay rate of interest which is slightly higher than 8.75 percent provided in 2013-14 and 2014-15.

Now file PF withdrawal claims without employers' attestation

Now file PF withdrawal claims without employers' attestation

This facility will be available to all those subscribers whose Universal (or portable PF) Account Number (UAN) is activated and seeded with the KYC details like bank account and Aadhaar number.

1,401 prosecutions launched for not filing PF returns in FY16

1,401 prosecutions launched for not filing PF returns in FY16

As many as 1,401 prosecutions were launched against the employers till September end this fiscal, who defaulted on payment of PF contribution to the retirement fund body EPFO, Parliament was informed Monday.