Private Provident Fund Trusts

Top three private sector lenders have also been allowed to accept deposits under schemes like NSC, recurring deposits and monthly income plans.

500 small private PF trusts with EPF accumulations around Rs 1 crore each may be taken over by EPFO

There are over 3,000 private PF trusts which are exempted from filing PF returns as they manage their employees' retirement fund and accounts both.

Cyber security service provider Lucideus Tech has received angel funding from Amit Choudhary, director of Motilal Oswal Private Equity Advisors.

Mahindra Partners, Mahindra Group's $900-million private equity arm, on Tuesday announced closing of a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Francisco.

At a time when many states are reeling under severe drought, President Pranab Mukherjee has recommended consideration of a private member's bill that provides for protective measures for farmers of arid, desert and drought-prone areas and a welfare fund with an initial corpus of Rs 10,000 crore.

Bullish on India's growth prospects, the International Finance Corporation (IFC) has said offshore rupee bonds can provide a new source of funding for Indian companies and they stand to benefit in the longer term from comparative pricing landscape.

The government on Friday said it has a "very good sense" of the problem of bad loans in banking sector and will continue to provide funds to strengthen state-owned banks.

An RSP member in Lok Sabha on Friday moved a private resolution seeking increasing the minimum pension to Rs 3,000 per month and other steps to ensure welfare of Employees Provident Fund (EPF) pensioners.

Dr Rajan in an interview to a private news channel said that it would be difficult for weak banks to access market for funds, but for the government support they have to provide a clear business plan.

A private member's bill that seeks to provide monthly pension of Rs 5,000 to a retired person from unorganised and private sectors on Thursday received support from members cutting across party lines in the Lok Sabha.

Un-exempted firms are those firms which maintain the PF accounts of their workers with EPFO. There are over five crore active subscribers whose accounts are being managed by EPFO.

The meeting was called as Finance Minister P Chidambaram did not extend a March 31 deadline for the trusts to get regular tax exemption through the Employees' Provident Fund Organisation (EPFO).

In a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body Employees' Provident Fund Organisation (EPFO) has called a meeting of an empowered committee on Friday to grant them regular tax exemption.

The new facility will address the problems with regard to delay in transfer of PF accounts because of non-receipt and delay in receipt of Annexure K despite transfer of individual PF accumulations of new employees in time.

Top three private sector lenders have also been allowed to accept deposits under schemes like NSC, recurring deposits and monthly income plans.

500 small private PF trusts with EPF accumulations around Rs 1 crore each may be taken over by EPFO

There are over 3,000 private PF trusts which are exempted from filing PF returns as they manage their employees' retirement fund and accounts both.

Cyber security service provider Lucideus Tech has received angel funding from Amit Choudhary, director of Motilal Oswal Private Equity Advisors.

Mahindra Partners, Mahindra Group's $900-million private equity arm, on Tuesday announced closing of a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Francisco.

At a time when many states are reeling under severe drought, President Pranab Mukherjee has recommended consideration of a private member's bill that provides for protective measures for farmers of arid, desert and drought-prone areas and a welfare fund with an initial corpus of Rs 10,000 crore.

Bullish on India's growth prospects, the International Finance Corporation (IFC) has said offshore rupee bonds can provide a new source of funding for Indian companies and they stand to benefit in the longer term from comparative pricing landscape.

The government on Friday said it has a "very good sense" of the problem of bad loans in banking sector and will continue to provide funds to strengthen state-owned banks.

An RSP member in Lok Sabha on Friday moved a private resolution seeking increasing the minimum pension to Rs 3,000 per month and other steps to ensure welfare of Employees Provident Fund (EPF) pensioners.

Dr Rajan in an interview to a private news channel said that it would be difficult for weak banks to access market for funds, but for the government support they have to provide a clear business plan.

A private member's bill that seeks to provide monthly pension of Rs 5,000 to a retired person from unorganised and private sectors on Thursday received support from members cutting across party lines in the Lok Sabha.

Un-exempted firms are those firms which maintain the PF accounts of their workers with EPFO. There are over five crore active subscribers whose accounts are being managed by EPFO.

The meeting was called as Finance Minister P Chidambaram did not extend a March 31 deadline for the trusts to get regular tax exemption through the Employees' Provident Fund Organisation (EPFO).

In a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body Employees' Provident Fund Organisation (EPFO) has called a meeting of an empowered committee on Friday to grant them regular tax exemption.

The new facility will address the problems with regard to delay in transfer of PF accounts because of non-receipt and delay in receipt of Annexure K despite transfer of individual PF accumulations of new employees in time.