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EPFO: Check how to increase EPF contribution and get higher interest rate

EPFO: Check how to increase EPF contribution and get higher interest rate

Thu, Jan 25, 2024

If you want to increase your EPF contribution for higher interest rates, you can do that through VPF (Voluntary Provident Fund). However, it is not possible to do directly.

EPFO adds 13.95 lakh net members during November 2023: Labour ministry

EPFO adds 13.95 lakh net members during November 2023: Labour ministry

Sun, Jan 21, 2024

The payroll data reflected that approximately 10.67 lakh members exited but rejoined EPFO.

EPFO: Here's how you can transfer your PF from one company to another

EPFO: Here's how you can transfer your PF from one company to another

Tue, Jan 16, 2024

To increase your retirement savings, it is always preferable to transfer the PF balance rather than withdraw it. This is also tax-efficient because the withdrawal of PF within five years of continuous service is taxed.

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Your PF money to help ETFs reach $200 billion by 2026, Morgan Stanley says

Your PF money to help ETFs reach $200 billion by 2026, Morgan Stanley says

Mon, Aug 14, 2017

Morgan Stanley in a research report mentioned that exchange-traded funds are likely to accumulate $200 billion in assets by 2026, witnessing a 30-fold jump from current level on the back of rise in Provident Funds flow in equities investments.

Why stick with FDs when these six financial instruments can give over 7% returns

Why stick with FDs when these six financial instruments can give over 7% returns

Sun, Aug 13, 2017

With the rates of fixed deposits falling, should you still invest in it? There are various financial instruments which are safe like FDs and can give returns of over 7%.

Beginning next month, your Provident Fund account will automatically be transferred to you new job but you need Aadhaar for it

Beginning next month, your Provident Fund account will automatically be transferred to you new job but you need Aadhaar for it

Fri, Aug 11, 2017

PF accounts of employees will be automatically transferred to your next job.

Need of money? Here's how you can withdraw amount from your PF

Need of money? Here's how you can withdraw amount from your PF

Wed, Jul 19, 2017

For the current financial year, the retirement fund body Employee Provident Fund Organisation (EPFO) will soon be announcing the interest rate on Provident Fund deposits.

EPFO added over 1 crore workers in new enrollment scheme since January 1

EPFO added over 1 crore workers in new enrollment scheme since January 1

Mon, Jul 10, 2017

The provident fund body, EPFO enrolled 1.01 crore workers in Employees’ Enrolment Campaign which concluded on June 30.

EPFO likely to announce PF rate for FY18 next month

EPFO likely to announce PF rate for FY18 next month

Thu, Jul 06, 2017

"After discussing in the Central Board of Trustees meeting, my ministry will take a decision. I am going to call a meeting shortly. The meeting will happen next month," Labour Minister Bandaru Dattatreya told reporters when asked about the decision on EPF interest rate for this fiscal.

EPFO may bring 500 small private PF Trusts into its fold

EPFO may bring 500 small private PF Trusts into its fold

Sun, Jun 25, 2017

Retirement fund body EPFO may bring 500 private PF trusts within its fold whose EPF accumulations are around Rs 1 crore each, or have up to 20 members, for offering better services to those subscribers.

EPFO to invest Rs 22,500 crore in Exchange Traded Funds in FY18

EPFO to invest Rs 22,500 crore in Exchange Traded Funds in FY18

Sun, Jun 11, 2017

Retirement fund body EPFO will park about Rs 22,500 crore in the exchange traded funds this fiscal following the approval of its trustees to enhance investments in equity or equity linked schemes last month, a senior official has said.

EPFO extends deadline for submitting Aadhaar to June 30

EPFO extends deadline for submitting Aadhaar to June 30

Wed, Jun 07, 2017

Retirement fund body EPFO has extended the deadline for submitting Aadhaar number to June 30 for its over four crore members. However, the deadline for submission of Aadhaar number would be September 30, 2017 in case of north-east states.

Money Guru : EPFO's latest reforms to benefit over 4 Crore Employees

Money Guru : EPFO's latest reforms to benefit over 4 Crore Employees

Thu, Jun 01, 2017

Watch complete news story for getting the detailed news updates! About Zee Business -------------------------- Zee Business is one of the leading and fastest growing Hindi business news channels in India. Live coverage of Indian markets - Sensex & Nifty

Government cancels request to decrease EPFO

Government cancels request to decrease EPFO

Sun, May 28, 2017

Government cancels request to decrease EPFO. Watch the full segment for more details.

EPFO approves hike in investment limit in ETFs to 15%

EPFO approves hike in investment limit in ETFs to 15%

Sun, May 28, 2017

In a meeting of the Central Board of Trustees (CBT) held in Pune on Saturday, Union Labour Minister Bandaru Dattatreya said that the Employees' Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds (ETFs) to 15%, from the existing 10%.

EPFO: Central Board of Trustees rejects proposal to reduce PF contribution to 10%

EPFO: Central Board of Trustees rejects proposal to reduce PF contribution to 10%

Sun, May 28, 2017

The Central Board of Trustees (CBT), a retirement fund body of EPFO, has turned down the proposal to reduce the mandatory provident fund (PF) contributions from workers and employers from present 12% to 10% in a meeting held in Pune on Saturday.

EPFO meeting may bring cut off in PF contribution from 12 to 10%

EPFO meeting may bring cut off in PF contribution from 12 to 10%

Sat, May 27, 2017

EPFO meeting may bring cut off in PF contribution from 12 to 10%. Watch complete news story of News @ 7:00 PM for getting the detailed updates from stock market!

This crucial EPFO decision may increase your 'in-hand' salary

This crucial EPFO decision may increase your 'in-hand' salary

Fri, May 26, 2017

The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.

EPFO to take call on increasing ETF investment to 15%: Labour Minister

EPFO to take call on increasing ETF investment to 15%: Labour Minister

Mon, May 22, 2017

The Finance Ministry had earlier notified a new investment pattern for EPFO, allowing the body to invest a minimum of 5 per cent and up to 15 per cent of its funds in equity or equity-related schemes.

Now, transfer, deposit Provident Fund benefits online, says Labour Ministry

Now, transfer, deposit Provident Fund benefits online, says Labour Ministry

Fri, May 19, 2017

"Such move is likely to benefit 4.5 crores EPF subscribers and around than 54 lakh pensioners," the Ministry said.

EPFO settlement: Labour Minister launches website to bring down claims

EPFO settlement: Labour Minister launches website to bring down claims

Wed, May 17, 2017

Ministry said that Citizen' Charter 2017 will make service delivery system and grievance redressal mechanism more efficient so that it delivers goods and services to its stakeholders in a time bound manner.

Planning to use your Provident Fund? Here's how you can check PF status online

Planning to use your Provident Fund? Here's how you can check PF status online

Mon, May 15, 2017

EPF balance consists of amount deducted every month from your salary plus the amount that is contributed to your EPF account by your employer.

EPFO trustees likely to raise ETF investments to 15% on May 27

EPFO trustees likely to raise ETF investments to 15% on May 27

Sun, May 14, 2017

The trustees of retirement fund body EPFO are likely to raise the investment limit in exchange traded funds (ETFs) to 15% of the investible deposits, from 10% at present in the current fiscal.

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