Mon, Dec 04, 2023
Sukanya Samriddhi Yojana: One can activate the account by paying a penalty fee of Rs 50 at the bank or the post office.
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Sat, Sep 23, 2023
Voluntary Provident Fund is the extension of the Employees' Provident Fund and allows employees to invest more than 12 percent to their VPF accounts.
Wed, Aug 30, 2023
EPF is a good investment scheme for retirement. The EPFO has made it mandatory for account holders to designate nominees, but there is no deadline for the process.
Sun, Jan 01, 2017
Finance Minister Arun Jaitley should double the basic income tax exemption limit to Rs 5 lakh per year and raise the ceiling for claiming deduction under Section 80C to Rs 2.50 lakh, according to a survey by tax consultant Deloitte.
Mon, Dec 05, 2016
Despite being pressed by trade unions on different fora, the government has not taken a decision in this regard, especially when it has already increased threshold for coverage under the Employees' State Insurance Scheme (ESI) to Rs 21,000 per month in October last year.
Tue, Nov 01, 2016
The Government of India will soon issue a notification authorising retirement fund body Employees Provident Fund Organisation (EPFO) to pay 8.8% interest to 'inoperative' accounts, said Union Labour Minister Bandaru Dattatreya on Monday.
Fri, Sep 30, 2016
Retirement fund body EPFO will launch a host of Aadhaar-linked online services such as Provident Fund (PF) withdrawal and pension fixation for its 4 crore subscribers by the end of this fiscal.
Mon, Sep 12, 2016
Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 % on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.
Fri, Sep 02, 2016
The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.
Wed, Aug 17, 2016
Retirement fund body, EPFO stated that its members will soon be able to mortgages their Provident Fund (PF) accounts for home loans. Employees Provident Fund Organisation (EPFO) expects to garner more returns through investment in home loans.
Mon, Jun 06, 2016
Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.
Thu, Jun 02, 2016
If you have visited a bank branch recently, you will realize how difficult it is to open a fixed deposit at a bank branch. The bank staff just wouldn’t let you open a fixed deposit.
Mon, Apr 25, 2016
Joy also informed his colleagues that EPFO proposes to launch a system of 'One Employee one EPF Account' on May 1.
Wed, Apr 20, 2016
The government's decision to tighten PF norms let to protests in Bengaluru which turned violent as protestors torched state transport buses and police vehicles
Tue, Apr 19, 2016
There are many schemes that the Indian government has initiated to reinforce India’s economic development and the financial stability of its citizens.
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