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EPFO may reduce PF contributions to 10%Presently, employees and employers contribute 12% of basic wages each towards PF, pension scheme and Employee Deposit Linked Insurance Sche...- EPFO advisory body to vet stock exposure hike proposalIn view of the volatile nature of stock markets, the EPFO had then decided to start with investing just 5 per cent of its over Rs 1 lakh cr...
- EPFO weighs exit policy to maximise returns on investmentsThe EPFO has no exit policy at present as it largely invests in government securities that have a definite maturity window.
- EPFO advisory body against collection of PF dues by private banksAn advisory body of EPFO has rejected a proposal to engage private banks - ICICI, Axis and HDFC Bank - for collection of PF contribution fr...
- Provident fund interest rate revised to 8.8% from 8.75%Union Labour Minister Bandaru Dattatreya said the hike is an 'interim one' and indicated that it could be further revised later.
- Trade unions to press for 9% interest on PF deposits for FY16The unions have decided to oppose any proposal to retain the existing rate of 8.75% for the current fiscal along with a uniform bonus of Rs...
- EPFO likely to announce 9% interest on PF deposits on February 16EPFO may announce 9% interest rate on PF deposits for 2015-16 in its trustees' meet on February 16, higher than 8.75% provided in previous ...
- EPFO may pay 9% interest on PF deposits for 2015-16EPFO finance panel has recommended raising the interest rate on statutory savings of over 5 crore subscribers from 8.75% to 8.95% during th...
- Section of EPFO trustees in favour of investing in PSU equity'Before going ahead with any investment in public sector shares, the EPFO should have two separate committees for managing its finances and...
- 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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