te EPFO to consider crediting ETF units to PF accounts | Zee Business

EPFO to consider crediting ETF units to PF accounts

EPFO to consider crediting ETF units to PF accounts
Santosh Kumar Gangwar, newly elected Minister of State for Labour and Employment. Image Source: IANS

Retirement fund body EPFO is likely to consider next month a proposal to credit subscribers' share of its ETF investments to their provident fund accounts which can be redeemed at the time of withdrawal.

"Employees Provident Fund Organisation's (EPFO) apex decision making body the Central Board of Trustee (CBT) headed by Labour Minister Santosh Gangwar will meet in November. They are likely to consider the proposal to credit ETF investments to members' accounts," a Labour Ministry official told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Written By: PTI
Updated: Sun, Oct 22, 2017
11:05 am
PTI
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