EPFO – Finance Ministry has approved 8.65% rate of interest on Employees Provident Fund (EPF) for 2018-19 The Finance Ministry has approved 8.65% rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal … [Read more...] about Finance Ministry has approved 8.65% rate of interest on Employees Provident Fund (EPF) for 2018-19
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Employees Provident Fund
Minimum wage ceiling under the Employees’ Provident Fund (EPF) could soon be raised to Rs 25,000
Minimum wage ceiling under the Employees' Provident Fund (EPF) could soon be raised to Rs 25,000 After 7th Pay Commission salary hikes, move on to raise minimum wage ceiling under EPF The minimum wage ceiling under the Employees' Provident Fund (EPF) could soon be raised to Rs 25,000 from the … [Read more...] about Minimum wage ceiling under the Employees’ Provident Fund (EPF) could soon be raised to Rs 25,000
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
Income tax will be imposed – Premature Provident Fund withdrawal
Premature Provident Fund withdrawal – Income tax will be imposed Income Tax for Premature Provident Fund withdrawal of more than Rs.30,000 The Government has announced that income tax will be imposed if, at the time of premature withdrawal, the Provident Fund amount is in excess of … [Read more...] about Income tax will be imposed – Premature Provident Fund withdrawal
Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market
Centre Govt Allows 5% of PF Funds to be Invested in Share Market The Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market. As a result, Rs.5000 crore is expected to be released for investment this financial year. A circular from the Ministry of Labour … [Read more...] about Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market