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EPFO 3.0 To Rollout Soon, Will Allow ATM Withdrawal Of Funds
Employees Provident Fund Organisation will soon launch the "EPFO 3.0 version," which will allow subscribers to withdraw funds from ATMs, along with several other new features.
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How Much Dues Paid To Jet Airways Employees? Supreme Court To New Owners
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident funds and gratuity to former employees of the troubled airline.
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Provident Fund Office Staffer Gets 3 Years In Jail For Accepting Bribe
A special CBI court has sentenced a clerk from the Provident Fund (PF) office in Navi Mumbai to three years of imprisonment for accepting a bribe of Rs 3 lakh from a company.
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Centre Clears 8.15% Interest Rate On Employees Provident Fund For 2022-23
The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23.
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PF (Provident Fund) Subscribers Increase Over 80% In May From A Year Ago
Retirement fund body EPFO added 16.82 lakh new subscribers, in May 2022, over 80 per cent more than 9.2 lakh enrolled in the year-ago month, according to official data.
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CBI Seeks UP Government's Permission To Probe IAS Officers In PF Scam Case
The CBI has sought sanction from the Uttar Pradesh government to investigate the alleged role of three senior bureaucrats in connection with alleged irregularities in the investment of over Rs 4,300 crore of provident fund.
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National Pension System Generated Good Returns, Says PF Body Chairman
Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay.
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Centre Defers Labour Codes Implementation: Take-Home Pay, PF Liability Unchanged
The labor ministry had envisaged implementing the four codes on industrial relations, wages, social security, and occupational health safety & working conditions from April 1, 2021.
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Government Raises PF Threshold Limit To Rs 5 Lakh For Earning Tax-Free Interest
In Budget 2021, the Finance Minister made the announcement regarding raising the limit to Rs 5 lakh in cases where employers do not make contributions to the provident fund.
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Cabinet Approves Extension Of PF Contributions By Government Till August
Government will contribute entire 24 per cent of PF contributions till August, giving relief to 3.67 lakh employers and 72.22 lakh employees
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Employers' Contribution Towards Provident Fund Capped At Rs 7.5 Lakh Annually
Any contribution by employers towards these social security schemes beyond Rs 7.5 lakh per annum would be treated as perquisite of the employee and taxed accordingly.
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Congress Seeks Report On UP Minister's Dubai Visit In Provident Fund Scam
Amid a war of words between the Uttar Pradesh government and the opposition over the EPF scam, the state Congress has sought on Wednesday a probe into power minister Shrikant Sharma's 2017 Dubai visit.
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Government Approves 8.65% Interest Rate On Provident Fund For 2018-19: 10 Things To Know
The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust of India (PTI) quoting a source. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), the report added. In a...
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Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19
EPF interest rates: Retirement fund body EPFO is settling provident fund (PF) withdrawal claims at the interest rate of 8.55 per cent, which was approved for the financial year 2017-18.
-
Finance Ministry Approves Employees' Provident Fund Interest Rate Hike
After the Finance Ministry concurrence, the Income Tax Department and the Labour Ministry would notify the rate of interest for 2018-19.
-
EPFO 3.0 To Rollout Soon, Will Allow ATM Withdrawal Of Funds
Employees Provident Fund Organisation will soon launch the "EPFO 3.0 version," which will allow subscribers to withdraw funds from ATMs, along with several other new features.
-
How Much Dues Paid To Jet Airways Employees? Supreme Court To New Owners
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident funds and gratuity to former employees of the troubled airline.
-
Provident Fund Office Staffer Gets 3 Years In Jail For Accepting Bribe
A special CBI court has sentenced a clerk from the Provident Fund (PF) office in Navi Mumbai to three years of imprisonment for accepting a bribe of Rs 3 lakh from a company.
-
Centre Clears 8.15% Interest Rate On Employees Provident Fund For 2022-23
The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23.
-
PF (Provident Fund) Subscribers Increase Over 80% In May From A Year Ago
Retirement fund body EPFO added 16.82 lakh new subscribers, in May 2022, over 80 per cent more than 9.2 lakh enrolled in the year-ago month, according to official data.
-
CBI Seeks UP Government's Permission To Probe IAS Officers In PF Scam Case
The CBI has sought sanction from the Uttar Pradesh government to investigate the alleged role of three senior bureaucrats in connection with alleged irregularities in the investment of over Rs 4,300 crore of provident fund.
-
National Pension System Generated Good Returns, Says PF Body Chairman
Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay.
-
Centre Defers Labour Codes Implementation: Take-Home Pay, PF Liability Unchanged
The labor ministry had envisaged implementing the four codes on industrial relations, wages, social security, and occupational health safety & working conditions from April 1, 2021.
-
Government Raises PF Threshold Limit To Rs 5 Lakh For Earning Tax-Free Interest
In Budget 2021, the Finance Minister made the announcement regarding raising the limit to Rs 5 lakh in cases where employers do not make contributions to the provident fund.
-
Cabinet Approves Extension Of PF Contributions By Government Till August
Government will contribute entire 24 per cent of PF contributions till August, giving relief to 3.67 lakh employers and 72.22 lakh employees
-
Employers' Contribution Towards Provident Fund Capped At Rs 7.5 Lakh Annually
Any contribution by employers towards these social security schemes beyond Rs 7.5 lakh per annum would be treated as perquisite of the employee and taxed accordingly.
-
Congress Seeks Report On UP Minister's Dubai Visit In Provident Fund Scam
Amid a war of words between the Uttar Pradesh government and the opposition over the EPF scam, the state Congress has sought on Wednesday a probe into power minister Shrikant Sharma's 2017 Dubai visit.
-
Government Approves 8.65% Interest Rate On Provident Fund For 2018-19: 10 Things To Know
The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust of India (PTI) quoting a source. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), the report added. In a...
-
Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19
EPF interest rates: Retirement fund body EPFO is settling provident fund (PF) withdrawal claims at the interest rate of 8.55 per cent, which was approved for the financial year 2017-18.
-
Finance Ministry Approves Employees' Provident Fund Interest Rate Hike
After the Finance Ministry concurrence, the Income Tax Department and the Labour Ministry would notify the rate of interest for 2018-19.
