Bid to spur consumption: Save less, spend more is new social security mantra
New Bill gives employees option to reduce their PF contribution, resulting in higher take-home pay.
EPFO's investment in ETFs at Rs 86,966 cr till September
The Employees' Provident Fund Organisation (EPFO) is investing in ETFs (Rs 86,966 cr...
Currently there are 4.5 crore active EPFO members: Labour minister
“The number of active members under EPFO, at present, are 4,50,60,972 (con...
Labour ministry drops the plan to corporatise EPFO
The ministry’s proposal to corporatise the EPFO had faced severe criticism. In its latest draft code released in September, it had proposed a corporate structure to be headed by a CEO.
Now workers can generate UAN from EPFO portal directly
At present, workers are required to apply through their employers to get the universal account number (UAN), which enables them to avoid filing PF transfer claims on changing jobs. Now they do not have to depend on his or her employer for getting the UAN. The UAN remains the same throughout the life of a worker.
ED attaches assets of EPFO officials in PMLA case
The ED had earlier raided the premises of Singh and recovered Rs 10.60 lakh cash, gold and diamond jewellery worth Rs 27 lakh apart from documents relating to fixed deposits, postal deposits and immovable properties.
EPFO backs plan to allow subscribers’ NPS switch
The National Pension System (NPS) is a voluntary, defined contribution programme administered and regulated by PFRDA.
EPFO members may get an option to draw pension after 60
The proposal to increase the superannuation age is expected to help a beneficiary grow his/her pension kitty.
Do not share your personal details, bank account, UAN over phone, warns EPFO
EPFO is warning members via its website and social media handles regarding fake phone calls and is also advising them not to share personal details like PAN, Aadhaar, bank account or EPF account details like Universal Account Number (UAN).
Does pension from EPFO qualify for standard deduction?
"The pension received from EPFO is taxable under the head salary and it will qualify for the standard deduction. "
Food Corporation of India likely to raise up to Rs 13,200 crore
FCI has appointed about two dozen local arrangers to help raise the money.
Supreme court order gives techies 'Aadhaar' to not share unique ID
Employees are citing the SC order from last September to avoid linking Aadhaar to EPFO.
ETFs emerge as preferred investment vehicle for institutions, led by EPFO
There are a few reasons for the rising interest of institutional investors in ETFs.
13.08 lakh new jobs created in August: ESIC payroll data
The report said that since the number of subscribers are from various sources, there are elements of overlap and the estimates are not additive. The NSO also said the report does not measure employment at a holistic level.
Rules for recruitment of hindi translators in EPFO notified
These will be Group-B non-ministerial role position and anyone below 30 years of age can apply for the post.
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