EPFO to invest Rs 22,500 crore in ETFs this fiscal
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.
Jun 11, 2017, 12:02 PM IST
EPFO to invest Rs 20,000 crore in equities in 2017-18: Bandaru Dattatreya
Retirement fund body EPFO will invest Rs 20,000 crore in exchange traded funds this fiscal as it has decided to raise the investment limit in ETFs, Union Minister Bandaru Dattatreya said on Sunday.
May 28, 2017, 16:42 PM IST
Govt ratifies 8.65% rate of interest on EPF deposits for FY17
The government has ratified 8.65 per cent rate of interest on EPF deposits for 2016-17 which would now be credited into the accounts of members of the retirement fund body EPFO.
Apr 27, 2017, 22:46 PM IST
You can withdraw 90% EPF to buy home, pay EMI from account
Over four crore subscribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes.
Apr 24, 2017, 21:20 PM IST
EPFO allows withdrawals from pension account without Aadhaar
Retirement fund body EPFO has allowed full and final withdrawal of funds by the subscribers from their pension account without providing Aadhaar number.
Feb 28, 2017, 16:33 PM IST
Interest on PF slashed to 8.65%: Key facts you should know
Retirement fund body EPFO on Monday slashed interest on deposits to a four-year low.
Dec 20, 2016, 02:55 AM IST
Employee provident fund may get 8.6% interest in 2016-17 down from 8.8% in 2015-16
Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 percent on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.
Sep 11, 2016, 10:42 AM IST
EPFO aims to cover all workers under PF, pension by 2030
EPFO aims to cover all the workers in the country under provident fund (PF), pension and life insurance by 2030, the retirement fund body said in its vision document.
Jun 28, 2016, 22:50 PM IST
EPFO credits 8.8% interest in 17 crore member accounts for FY’16
Retirement fund body EPFO on Friday said it has updated over 17 crore member accounts, crediting interest rate of 8.8 percent for fiscal 2015-16.
Jun 18, 2016, 09:43 AM IST
EPFO may invest over Rs 6,000 crore in equity market in 2016-17
Last year, EPFO had invested about Rs 6,000 crore through SBI Mutual Fund's two index-linked ETFs (exchange-traded funds) -- one to BSE's Sensex and the other NSE's Nifty.
May 15, 2016, 15:45 PM IST
Govt sets up fund to use unclaimed money for senior citizens
Government has set up a welfare fund which will utilise unclaimed money, estimated to be in excess of Rs 9,000 crore, lying in PPF, employees provident fund and small savings schemes to provide healthcare facilities and pension to senior citizens.
Apr 01, 2016, 19:27 PM IST
EPFO seals Bank a/c of over 600 firms for irregularities
EPFO carried out a drive to realise PF contributions from employers and took the strict action against them between April 1 last year and March 10 this year.
Mar 11, 2016, 18:12 PM IST
Bad news! You can't withdraw your full PF deposit before attaining 58
Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana for its over five crore subscribers.
Mar 09, 2016, 15:21 PM IST
Pay interest on retained PF or give entire amount: Unions
Earlier this month, Employees Provident Fund Organisation (EPFO) tightened the norms for withdrawals of PF accumulations for its over five crore subscribers.
Feb 28, 2016, 18:37 PM IST
EPFO now on Facebook and Twitter
The Employees Provident Fund Organisation (EPFO) on Friday made debut on popular social networking platforms Facebook and Twitter.
Dec 25, 2015, 19:33 PM IST
Govt plans to raise cap on equity investments by EPFO
India plans to lift the cap on equity investments made by the Employees Provident Fund Organisation (EPFO), the main state provident fund, to 15 percent from 5 percent, Minister of State for Finance Jayant Sinha said on Thursday.
Sep 17, 2015, 13:59 PM IST
`EPFO may invest more in equities next year`
The comments come as India`s Employees` Provident Fund Organisation (EPFO) said on Thursday it would invest in stocks this year for the first time.
Aug 06, 2015, 14:23 PM IST
5 key things you should know about premature PF withdrawals
The Labour Ministry will soon issue a notification in this regard to amend the Employees' Provident Fund Scheme to cap the withdrawal.
Jul 25, 2015, 10:46 AM IST
