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EPFO CITES PROJECT
EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawalsThe Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of ...- India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
- Gig workers social security scheme may have multiple fund managersThe labour ministry of India is charting a new course by investigating a multi-manager framework for its latest social security initiative ...
- EPFO plans auto-settlement to clear Rs 5,200 crore in inoperative accountsThe Employees' Provident Fund Organisation is developing an auto-settlement system. This will help subscribers claim unclaimed money from i...
- EPFO 3.0 Explained: New UPI withdrawal service, implementation and launch date, and what changes for your pension moneyEPFO 3.0 roll out: India's EPFO is undergoing a major tech overhaul with EPFO 3.0, aiming for a core banking-style system to serve crores o...
- BJP highlights economic strength, benefits of Ujjwala YojanaThe BJP highlighted the success of the Pradhan Mantri Ujjwala Yojana, noting over 10 crore LPG connections and sustained usage, countering ...
- Mansukh Mandaviya announces successful pilot run of new centralised pension payments systemLabour Minister Mansukh Mandaviya announced the successful pilot run of a new Centralized Pension Payments System (CPPS). The system will a...
- No 'spin-doctoring' can change fact that 2014-24 saw 'jobloss growth': CongressThe Congress has dismissed the government's claims of creating eight crore jobs between 2021 and 2024 as "half-truths", arguing that the st...
- India's job crisis: Labour Ministry hits back at Citigroup; says report fails to consider data from official sourcesThe Labour ministry has refuted Citigroup's report that New Delhi will struggle to create sufficient employment opportunities despite a 7% ...
- Meity tells EPFO to prioritise the revamp of its IT infrastructureIn a letter dated June 18, 2024, Meity urged EPFO to fast-track development of the De-Novo system saying the current technology stack and s...
- EPFO contributions to cross ₹3 l cr in '24-25EPFO schemes are expected to receive around ₹3 lakh crore in total contributions in 2024-25, 8% more than this year and 2.5 times higher th...
- EPFO interest rate better than other schemes, reflects today's realities: Nirmala Sitharaman in Rajya SabhaReplying to a debate in the Rajya Sabha on the supplementary spending for the current fiscal, she said the decision to lower interest rate ...
- NHAI SPV may raise over Rs 18,000 cr via bonds, loansDME has obtained a letter of comfort from the NHAI for the proposed bond sale. The borrower is likely to hold an investor meeting in Delhi ...
- LIC to give credit up to Rs 8,000 crore to NHAI this fiscalLIC subscribed to two tranches of bonds with 30-year maturities on exchange bidding platforms.
- Ola, Uber drivers and CAs to help Modi government solve its job math for IndiaIndustry estimates show that there could be more than 1 million drivers associated with Ola & Uber while over 350,000 deliver for e-commerc...
- Finance Minister wants EPFO to retain 8.75% interest rate for FY16Sukanya Samriddhi Scheme currently gives the highest interest rate of 9.2 per cent to incentivise the people investing in the name of girl ...
- HDFC Life, EPFO and SBI Life buy a chunk of IFC’s rupee bondsIFC invested close to $380 million, or about Rs 2,300 crore, at current value to support the infrastructure sector in India during 2013-14.
- EPFO all set to invest in infrastructure debt fundsIDF is govt's big idea to provide funds to infra projects, and finance ministry has been trying to route pension savings into these funds.
- EPFO's hidden treasure to fetch you 9.5% returnThe EPFO board also decided to stop paying interest to accounts that have not seen any fresh contribution for three years or more.
- With help of 'secret' a/c, EPF payout set at 8.5%Employees’ Provident Fund (EPF) subscribers will get a payout of 8.5% for 2007-08, despite the finance and investment panel of the organisa...
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