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PRABHAKAR BANASURE
SC opens 4-month window for eligible employees under EPS to opt for increased pensionThe Employees' Provident Funds and Miscellaneous Provisions Act, 1952 originally did not provide for any pension scheme. In 1995, through a...- Mumbai EPFO fraud losses estimated at up to Rs 1,000 cr; a senior social security assistant suspendedEPFO’s Kandivali office was also mired in another fraud case in February when the Central Bureau of Investigation (CBI) filed an FIR agains...
- EPFO may consider more govt bonds and equity investmentsThe proposals are aimed at ensuring high returns for provident fund subscribers and they come after the EPFO cut the interest rate for 2021...
- No investment in group cos, EPFO to portfolio managersIn the past, cross investments by asset managers has led to value erosion.
- EPFO bars portfolio managers from investing in group companiesThe apex retirement body floated a ‘Request for Proposal’ last week for taking up the responsibility of portfolio managers.
- How EPFO plans to redeem half of its DHFL bondsEPFO had invested about Rs 1,300 crore in DHFL bonds about five years ago through private deals.
- IL&FS defaults: EPFO board to assess impactStandalone PFs are estimated to have IL&FS investment in the range of Rs 15,000-20,000 crore, ET reported on January 16.
- Provident Fund rate may be retained at 8.55%The Central Board of Trustees of the EPFO will meet on Thursday to consider the return for the current year besides an increase in the mini...
- Unclaimed Provident Fund cash to fund government scheme? Trade unions slam planThe EPFO is awaiting a go ahead from the labour ministry to notify the payment of interest on accounts which have been inoperative for the ...
- Employees Provident Fund Organisation seeks government nod to invest in sharesEmployees Provident Fund Organisation, which manages retirement savings of close to Rs 7 lakh crore, is making a fresh pitch for investment...
- EPFO apex decision making board of trustees reconstitutedEPFO today announced reconstitution of its apex decision making body, the Central Board of Trustees, headed by the Labour Minister.
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