Thursday, 29 September, 2022
TopicEPFO

Topic: EPFO

How EPFO made Rs 68,000 crore off your retirement money by investing in exchange traded funds

Retirement fund body has seen rise in earnings from capital gains from equity. Its earnings are distributed among its subscribers, with EPFO retaining a small surplus.

Modi govt approves 8.1% interest rate on provident fund deposits for 2021-22

The 8.1% EPF rate of interest is the lowest since 1977-78. The EPFO had in March decided to lower the interest on provident fund deposits from 8.5% to 8.1% for the current fiscal.

Our take on Hijab order, Congress crisis, EPFO interest rate – in 50 words

ThePrint view on the most important issues this week.

CWC meet predictable. But no one is addressing elephant in room — rejection of Gandhis

ThePrint view on the most important issues, instantly.

EPFO interest rate for 2021-22 reduced to 8.1%, lowest in over 40 years

In March 2020, EPFO had lowered the interest rate on provident fund deposits to a seven-year low of 8.5% for 2019-20, from 8.65% provided for 2018-19.

Why Pralay quasi-ballistic missile, tested by DRDO, will be a ‘game-changer’

A selection of the best news reports, analysis and opinions published by ThePrint this week.

India’s younger workers worst hit by pandemic, women far more vulnerable, EPFO data shows

EPFO payroll data, which captures data related to the organised & semi-organised sector, shows there was a sharp drop in payroll additions among those younger than 25 years.

EPFO fixes 8.5% interest on provident fund deposits for 2020-21

In March last year, the EPFO had lowered interest rate on provident fund deposits to a seven-year low of 8.5% for 2019-20, from 8.65% in 2018-19.

8.5% interest on PF for 2019-20 to be credited in one go, Labour Minister says on New Year Eve

Govt has decided to notify 8.5% rate of interest on EPF deposits and credit them in one go. The decision will benefit over 6 crore subscribers of the retirement fund body EPFO.

EPFO cuts interest rate on provident fund deposits to 8.5%

Finance ministry has been nudging labour ministry to align the EPF interest rate with other small saving schemes run by the govt such as the public provident fund.

On Camera

YourTurn

(L-R) Niharika NM, Danish Sait, Kusha Kapila and Tanmay Bhat on Koffee with Karan | YouTube screenshot

Koffee With Karan finale saves a boring season. Power has moved from Bollywood to influencers

The Koffee with Karan finale was finally entertainment, entertainment, entertainment, after the most boring season in a boycott-Bollywood world.
European Commission President Ursula von der Leyen and EU Foreign Policy Chief Josep Borrell address the media on the Ukraine crisis in Brussels, Belgium, on 28 September 2022 | Yves Herman/Reuters

Oil price cap to blacklistings — EU slaps new ‘biting’ sanctions on Russia over Ukraine

Ursula von der Leyen, who proposed the fresh sanctions said the European Union is 'determined' to make Russia pay the price for the further escalation with Ukraine.

Defence

Pinaka is a multiple rocket launcher produced in India and developed by the DRDO for the Army | Twitter/@DRDO_India

As tensions rise with Azerbaijan, Armenia buys Pinaka rockets & ammunition from India

The government-to-government contract, valued at about Rs 2,000 cr, was signed earlier this month, say sources. Supplies would be fast tracked as per Armenia's requirement.
Illustration by Soham Sen | ThePrint

AAP’s filling a big vacuum in Indian politics. Question is how long it can sustain without ideology

If you find admiration for AAP qualified, if not muted among many of the Modi-BJP’s critics, it is because they question it for its lack of ideological clarity. Especially on secularism.
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