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Inoperative A/c norms should be strictly followed: EPFO

Inoperative A/c norms should be strictly followed: EPFO

Last Updated: Tuesday, July 29, 2014, 19:36

Retirement fund body EPFO has asked its field formations to strictly follow guidelines while settling claims out of inoperative accounts in order to reduce the risk of frauds.

EPFO may announce interest on PF for 2014-15 next month

Last Updated: Tuesday, July 22, 2014, 23:03

Retirement fund body EPFO may take a decision on rate of interest on PF deposits to be provided for current fiscal to its over 5 crore subscribers, in its trustees meet scheduled next month.

EPFO asks field staff to gear up for implementing new wage cap

Last Updated: Tuesday, July 15, 2014, 20:31

Retirement fund body EPFO has asked its field offices to be prepared for implementation of the new government's decision to raise wage ceiling for social security schemes to Rs 15,000, which is expected to bring 50 lakh more workers under the coverage.

BPOs, KPOs fall under the EPFO's social security net: Govt

Last Updated: Monday, July 14, 2014, 21:40

Business Processing Outsourcing (BPO) and Knowledge processing Outsourcing (KPO) firms are covered by the retirement fund body EPFO, Parliament was informed Monday.

EPFO launches online registration facility for firms

Last Updated: Monday, June 30, 2014, 17:04

Retirement fund body EPFO on Monday launched online registration facility for employers, a move that will help firms get employers' code within a day.

Unions to oppose investment of EPFO funds in equity market

Last Updated: Wednesday, June 25, 2014, 22:19

Trade unions have decided to oppose any move to invest part of over Rs 5 lakh crore corpus of retirement fund body Employees' Provident Fund Organisation (EPFO) in equity market.

FinMin proposes allowing EPFO to invest 30% in equity market

Last Updated: Wednesday, June 25, 2014, 21:15

The Finance Ministry has proposed allowing retirement and gratuity funds to invest up to 30 percent of their money in the equity market, a suggestion that's likely to be opposed by labour unions.

EPFO likely to provide 9% interest for 2014-15

Last Updated: Friday, June 06, 2014, 18:42

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.

Rs 1,000 minimum monthly pension to be a reality this week

Last Updated: Monday, June 02, 2014, 19:59

A minimum pension of Rs 1,000 a month under a scheme run by retirement fund body EPFO will be a reality this week, a development that will benefit 28 lakh pensioners, who get less than this amount at present.

EPFO asks field offices to settle all claims within 20 days

Last Updated: Thursday, May 22, 2014, 16:02

Retirement fund body EPFO has asked its over 120 field offices to settle claims, including PF withdrawal and pension, within 20 days as against the mandated 30-day time frame.

EPFO seeks feedback on facility for workers going abroad

Last Updated: Monday, May 19, 2014, 15:35

Retirement fund body EPFO has asked its field offices to seek feedback on its recently launched facility for workers from big employers such as TCS, Infosys, PWC, Bosch and HCL going on foreign assignments.

Minimum monthly pension of Rs 1,000 soon under EPS-95

Last Updated: Sunday, May 18, 2014, 19:10

The UPA government's decision to ensure a minimum pension of Rs 1,000 a month under the retirement fund body EPFO's scheme, which will immediately benefit 28 lakh pensioners, is going to be a reality soon.