Central Government will pay the PF amount for the three months of June, July and August 2,500 crore has been allocated for this purpose. This will benefit 3.67 lakh companies and 72.25 lakh employees. Since the government pays the amount of PF, the companies have a saving of Rs 6,500 crore. In the … [Read more...] about Central Government will pay the PF amount for the three months of June, July and August
Provident Fund
Current Pension rate of Contributory Provident Fund (CPF) Pensioners
Current Pension rate of Contributory Provident Fund (CPF) Pensioners Ministry of Finance Current Pension rate of Contributory Provident Fund (CPF) pensioners The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any … [Read more...] about Current Pension rate of Contributory Provident Fund (CPF) Pensioners
EPFO’s investment in stocks
EPFO's investment in stocks Whether it is a fact that the EPFO”s investment in stocks through Exchange Traded Funds (ETFs) would cross the Rs. 45,000 crore mark by the end of this fiscal? No. Whether it is also a fact that the rate of return on this investment for the last year was 13.3 per … [Read more...] about EPFO’s investment in stocks
Reduction in Provident Fund (PF) contribution
Reduction in PF contribution With a view to bring contribution under Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 to be paid by employer and employee at par with other savings instruments like the National Pension System, Contributory Provident Fund etc., an … [Read more...] about Reduction in Provident Fund (PF) contribution
Central Government decides to withdraw the notification on withdrawal from EPF
Central Government decides to withdraw the notification on withdrawal from EPF Government Decides to withdraw the 10th February 2016 Notification with Immediate Effect Press Information Bureau Government of India Ministry of Labour & Employment 21-April-2016 17:51 IST Government Decides to … [Read more...] about Central Government decides to withdraw the notification on withdrawal from EPF