EPFO says it will stick to 8.65% rate for FY19
The finance ministry has objected to the proposal for increasing the payout for 2018-19 to 8.65% from 8.55% and sought a review. EPFO has cited adequate reserves to counter the objection.
No investment in group cos, EPFO to portfolio managers
In the past, cross investments by asset managers has led to value erosion.
EPFO bars portfolio managers from investing in group companies
The apex retirement body floated a ‘Request for Proposal’ last week for taking...
How EPFO plans to redeem half of its DHFL bonds
EPFO had invested about Rs 1,300 crore in DHFL bonds about five years ago through private deals.
Finance ministry seeks lower saving interest rates amid fears about lending crunch
The govt feels the high return would hurt the economy by reducing banks' ability to lend at attractive rates.
How to withdraw PF and EPS money after leaving your job
To withdraw the PF balance and the EPS amount, the EPFO has launched a 'composite form' to take care of withdrawals, transfer, advances and ...
Job creation up at 8.14 lakh in March: EPFO
In 2018-19, the highest job creation was recorded in January 2019 at 8.31 lakh against the provisional estimate of 8.94 lakh released last month.
EPFO may move Supreme Court against high pension
Officials argue that monthly contribution to EPS is too low and will not be able to sustain higher pension.
Stopped working before completing 5 years? Your EPF could be taxable
The taxation is triggered in the year of withdrawal; however, the tax is computed as per the mechanism laid down in Rule 9 of the Fourth Schedule to the Act.
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