Bill to empower centre to reduce, waive-off PF dues soon
Government has firmed up amendments to Employees Provident Fund & Miscellaneous Provisions Act, to enable the centre to reduce or waive-off mandatory PF contributions by employees in certain cases.
Jan 21, 2015, 16:05 PM IST
Premium for product in lieu of EDLI need not be 0.5% of wages
This directive will facilitate employers to buy group insurance schemes for their workers from insurance companies at a price lower than 0.5 percent of wages as required under EDLI.
Dec 24, 2014, 15:21 PM IST
PFRDA sets up Bajpai panel to assess investment guidelines
Pension fund regulator PFRDA has set up an expert committee under the chairmanship of former Sebi chairman G N Bajpai to review investment guidelines for pension system, other than for government employees, and suggest changes to make the scheme more attractive.
Sep 19, 2014, 18:54 PM IST
PFRDA frames regulation for NPS Trust, Pension Fund managers
PFRDA has framed regulation for two key operative arms - NPS Trust and Pension Fund managers - for expansion and deepening of the sector.
Jul 22, 2014, 15:43 PM IST
PFRDA finalising regulations for intermediary institutions
The intermediary agencies for whom the regulations are being framed include points of presence and aggregators.
Jun 15, 2014, 12:09 PM IST
SEBI seeks parity for pension funds; wants PSU cash in MFs
To help channelise more funds for long-term investment purposes, capital market regulator SEBI has suggested to the government that it allow all PSUs to park their surplus cash in mutual funds, and has sought a uniform tax treatment for all pension funds.
Jun 08, 2014, 19:55 PM IST
EPFO likely to provide 9% interest for 2014-15
Retirement fund body EPFO is likely to provide nine percent rate of interest on PF deposits for the current fiscal to its over five crore subscribers, slightly higher than 8.75 percent paid in 2013-14.
Jun 06, 2014, 18:42 PM IST
