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Tuesday, November 5, 2024
TopicEPFO

Topic: EPFO

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.

RSS-affiliated trade union BMS accuses Modi govt of changing Ambedkar’s social security laws

BMS has rejected the Modi govt's fourth draft social security code, saying a lot of beneficial provisions included in the first draft have been removed.

Govt approves 8.65% interest rate on PF, to be credited into employees’ accounts

The rate of interest approved will be provided to over 6 crore EPFO subscribers for 2018-19.

In IL&FS crisis season, why you should be worried if your PF money is with exempt trust

Exempted firms not overseen by EPFO have adopted govt guidelines that pertain to investments but there is no one to monitor if these are followed

EPFO hikes interest rate on provident fund deposits to 8.65% for current fiscal

The retirement fund body EPFO had provided a five-year low rate of interest of 8.55 per cent to its subscribers for 2017-18.

IL&FS crisis threatens savings of employees in wayward pension trusts

Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.