TheNewsClues
Clues by Admin • 27 Jul 2018, Friday
The government has found that nearly 300 companies that are running their own private PF trusts are violating EPFO norms and may have been failing to pay interest to their subscribers for last two years. Data from the labour ministry shows ... Continue Reading
Read More at Livemint
Clues by Admin • 27 Jun 2018, Wednesday
Retirement fund body EPFO on Tuesday decided to give its members an option to withdraw 75% of their funds after one month of unemployment and keep their PF account with the body. The members would also have an option to withdraw ... Continue Reading
Read More at Times of India
Clues by Admin • 26 Jun 2018, Tuesday
The government is considering a hike in the minimum pension provided under the Employees' Pension Scheme, which is managed by the Employees' Provident Fund Organisation (EPFO). The minimum pension may be raised from the current Rs 1,000 per month to Rs 2,000 ... Continue Reading
Read More at Business Today
Clues by Admin • 12 Jun 2018, Tuesday
The Labour ministry is contemplating a proposal to pay the employers’ share of the health insurance scheme under the Employees’ State Insurance Corporation (ESIC) for all new recruitments in the formal sector. The government had in the budget ... Continue Reading
Read More at The Economic Times
Clues by Admin • 28 May 2018, Monday
The Employees' Provident Fund Organisation's (EPFO) trustees in its meeting on February 21, 2018 had decided to cut the administrative charges to 0.50% from 0.65% of the total wage paid by the employers with effect from June 1, 2018. The decision will help over 5 lakh ... Continue Reading
Read More at Business Today
Clues by Admin • 26 May 2018, Saturday
The EPFO’s Central Board of Trustees, headed by the labour minister, had decided to fix rate of interest at 8.55%  for the fiscal 2017-18 and has asked its more than 120 field offices to credit the PF accounts of ... Continue Reading
Read More at Livemint
Clues by Admin • 7 May 2018, Monday
The labour ministry is looking at public-private-partnership (PPP) model to administer its flagship provident fund and medical insurance schemes. Currently the schemes are run by EPFO and ESIC providing coverage to over 5 crore subscribers. The ministry aims to scale the ... Continue Reading
Read More at The Economic Times
Clues by Admin • 3 May 2018, Thursday
Employees Provident Fund Organisation (EPFO) has shut down its portal (aadhaar.epfoservices.com), used for Aadhaar linking with provident fund accounts of its subscribers following an alleged data breach report. EPFO Central Provident Fund Commissioner V P Joy had written ... Continue Reading
Read More at Business Standard
Clues by Admin • 26 Apr 2018, Thursday
The economy added 2.2 million formal jobs between September 2017 and February 2018, the payroll data released by the Employees' Provident Fund Organisation (EPFO) and the National Pension System (NPS) suggests.  This is the first time that such data has been released ... Continue Reading
Read More at Business Today
Clues by Admin • 25 Apr 2018, Wednesday
Retirement fund body Employees’ Provident Fund Organisation (EPFO) today said it will inform its subscribers if contributions are not deposited by their employers for a given month in due time. The intimation will be made by way of SMS/... Continue Reading
Read More at India.com
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