EPFO may bring 500 small private PF Trusts into its fold
The Labour Ministry is in the process of amending Employees' Provident Fund Scheme 1952, so that large private PF trusts having accumulations can carry on the management of their employees' EPF money and accounts.
Jun 25, 2017, 13:54 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
Pledging PF to buy low cost homes to be reality next year
Over four crore subscribers of the retirement fund body EPFO would be able to pledge their provident fund to buy houses and use their accounts to pay equated monthly instalments (EMIs) from next fiscal.
Oct 02, 2016, 13:32 PM 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 set to hike proportion of ETF investments
Retirement fund body EPFO will on July 7 take a decision on increasing investments in stock markets through ETFs, as they have started giving returns, Labour Minister Bandaru Dattatreya said Tuesday.
Jun 28, 2016, 15:11 PM IST
EPFO invests Rs 3,174 cr in ETFs in 4 months
Retirement fund body EPFO has invested Rs 3,174 crore in Exchange Trade Funds (ETFs) in nearly four months with an objective to maximise earnings, Rajya Sabha was informed on Tuesday.
Dec 08, 2015, 16:35 PM IST
Provident fund body to invest additional Rs 750 crore in ETFs in FY16
Retirement fund body EPFO is likely to invest Rs 5,750 crore in stock market funds in the current fiscal, as against the earlier plan of Rs 5,000 crore.
Nov 22, 2015, 17:29 PM IST
EPFO settles 10.68 lakh PF claims in September
EPFO has brought down the period of claim settlement to 20 days from 30 days earlier.
Oct 09, 2015, 22:01 PM IST
EPFO reviews online PF withdrawal plan after SC ruling
Retirement fund body EPFO has decided to re-examine its plan to launch online PF withdrawal facility for its subscribers having Aadhaar enabled PF and bank accounts, in the backdrop of apex court ruling.
Aug 18, 2015, 14:18 PM IST
EPFO to invest nearly $800 million in stocks in 2015-16
India`s state pension fund plans to buy nearly $800 million in stocks this fiscal year, its commissioner said on Thursday, below expectations and signalling a cautious stance towards the first equity investments in its 64-year history.
Aug 06, 2015, 17:23 PM IST
EPFO to invest around Rs 410 crore in ETFs every month
Retirement fund body EPFO has decided to invest around Rs 410 crore in exchange trade funds (ETF) every month during the current fiscal.
Jul 27, 2015, 13:52 PM IST
EPFO's online PF withdrawal facility to take more time
After the launch of this facility, subscribers will be able to apply online for withdrawal of the provident fund which will be transferred directly to their bank accounts.
Mar 15, 2015, 11:10 AM IST
EPFO mulls medical benefits for its pensioners
It was suggested that the surplus in Employees' Deposit Linked Insurance scheme could be used for extending medical benefits through ESIC.
Feb 22, 2015, 11:06 AM IST
Age limit under EPFO pension scheme may be raised to 60
At present, a formal sector worker covered under the EPS-95 can make contributions towards pension scheme till the age of 58 years and can claim pension after that.
Feb 15, 2015, 16:28 PM IST
EPFO set for major overhaul in new year
EPFO could not do much about expanding its investment options to maximise the returns for providing higher interest rate to its subscribers during 2014, and fresh attempts can be made in the new year in this regard.
Dec 22, 2014, 12:39 PM IST
EPFO trustees decides to set up panels on investment options
Retirement fund body EPFO's trustees Friday decided to constitute a panel to look into various investment options like increasing exposure to housing finance firms and private sector bonds.
Dec 19, 2014, 21:41 PM IST
EPFO considering enhancing exposure in private sector bonds
Retirement fund body EPFO trustees will consider a proposal to increase the limit for investment in private sector bonds from existing 10 percent to 15 percent in their meeting scheduled on December 19.
Dec 09, 2014, 20:56 PM IST
Filing online PF withdrawal claims to be a reality in December
According to the source, all those subscribers whose PF and bank accounts are linked with Aadhaar number would be able to avail this facility.
Nov 23, 2014, 12:02 PM IST
EPFO to float tenders next week for engaging new fund managers
EPFO has a subscriber base of over five crore. It manages a huge corpus of Rs six lakh crore with annual incremental deposits of over Rs 70,000 crore.
Nov 16, 2014, 12:38 PM IST
EPFO to seek clarity on transaction limit in Jan-Dhan scheme
Retirement fund body EPFO will soon approach the Finance Ministry on the transaction limit of Rs 1 lakh for accounts opened under Jan-Dhan Yojana as it cannot credit PF claims of higher amounts in such accounts.
Nov 02, 2014, 10:46 AM IST
