EPFO has received Aadhar details of 1.8 crore members: official
The members whose Aadhar details have been verified are getting the facility of online transactions in the PF account, he told reporters.
Aug 14, 2017, 23:42 PM IST
Now, your old PF account will get transferred to new employer automatically
Additionally, EPFO account holders can now withdraw money for medical treatments or purchase of equipments, to aid their physical disabilities without medical certificates.
Aug 13, 2017, 16:39 PM IST
PF account to be transferred automatically when you change job
If you plan to change your job next month, you will not have to worry on the Provident Fund aspect.
Aug 11, 2017, 08:34 AM IST
From PAN to EPFO, now Aadhaar is mandatory to carry out these 10 actions
After Aadhaar- PAN linkage, government is planning to link Aadhaar to money market transactions in order to check and curb sharp practices like conversion of black money into legitimate one using stock market.
Aug 10, 2017, 19:25 PM IST
EPFO's ETF investment to be Rs 45K crore by March-end: Dattatreya
The retirement fund body EPFO's investment in stocks through exchange traded funds (ETFs) would cross the Rs 45,000-crore mark by the end of this fiscal, Labour Minister Bandaru Dattatreya said on Thursday.
Jul 06, 2017, 18:11 PM IST
EPFO likely to announce PF rate for FY18 next month
Retirement fund body EPFO is likely to announce the interest rate on PF deposits for this fiscal at its trustee meeting slated for next month.
Jul 06, 2017, 15:48 PM IST
EPFO ties up with 5 banks to collect PF dues
Retirement fund body EPFO on Wednesday inked pacts with five banks for collections of PF dues and to make payments of PF withdrawals, pension and insurance.
Jul 05, 2017, 19:02 PM IST
EPFO to now invest Rs 3K crore in AA+ rated corporate bonds
Retirement fund body EPFO has decided to invest in corporate bonds in the AA+ investment grade, a notch lower than the earlier norm of AAA, a move that will help it park around Rs 3,000 crore per annum in such securities.
Jul 05, 2017, 18:06 PM IST
EPF members to get housing subsidy of Rs 2.67 lakh via HUDCO tieup
Retirement fund body EPFO on Thursday joined hands with Housing and Urban Development Corp (HUDCO) to enable its members avail credit-linked subsidy of up to Rs 2.67 lakh for buying affordable homes under PMAY.
Jun 22, 2017, 19:02 PM IST
EPFO, HUDCO to ink pact for housing subsidy under PMAY
Retirement fund body EPFO will sign on Thursday a pact with the Housing and Urban Development Corp (HUDCO) to enable members of its housing scheme to avail subsidy and interest subvention under the Pradhan Mantri Awas Yojana.
Jun 21, 2017, 22:15 PM IST
Private PF trusts can't invest funds in own entities: EPFO
Retirement fund body EPFO has asked its field offices to ensure that the firms running private PF trusts are not investing the accumulated provident funds of employees in their own arms and entities.
Jun 13, 2017, 22:54 PM IST
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
EPFO: CBT rejects proposal to reduce PF contribution to 10%
The Central Board of Trustees (CBT) of retirement fund body EPFO on Saturday turned down the proposal to reduce the mandatory contributions from workers and employers to 10 percent.
May 27, 2017, 21:15 PM IST
EPFO Pune meet on May 27, agenda to up equity exposure to 15%
Retirement savings manager EPFO will take up the matter of stepping up its investment in the stock market to up to 15 percent at its next meeting in Pune on Saturday.
May 26, 2017, 20:47 PM IST
EPFO may reduce PF Contributions to 10%
Presently, employees and employers contribute 12 percent of basic wages each towards Employees Provident Fund Scheme (EPF), Employee Pension Scheme (EPS) and Employee Deposit Linked Insurance Scheme (EDLI).
May 26, 2017, 15:19 PM IST
77 lakh new subscribers signed up: EPFO
In the Employees` Enrolment Campaign, 2017, an Employees` Provident Fund Organisation (EPFO), as many as 77 lakh new subscribers have been enrolled.
May 24, 2017, 22:35 PM IST
EPFO advisory body to examine stock exposure hike proposal
The proposal to increase investments in exchange traded funds (ETFs) to 15 per cent from 10 per cent on May 25 will be examined by retirement fund manager EPFO's advisory body Finance, Investment and Audit Committee (FAIC).
May 21, 2017, 18:15 PM IST
EPFO reduces claim settlement period to 10 days from 20
Retirement fund manager EPFO has reduced the stipulated period for settlement of various claims such PF withdrawal, pension and insurance to 10 days from 20 at present.
May 16, 2017, 20:27 PM IST
EPFO meet to discuss hike in ETF investment to 15%: Bandaru Dattatreya
Labour Minister Bandaru Dattatreya on Monday said the board of retirement fund body EPFO will deliberate on raising investment limit in exchange traded funds (ETFs) to 15 per cent at its meeting later this month.
May 15, 2017, 23:43 PM IST
