Category: Provident Fund

Government to formulate policy for better returns on Provident Fund

| April 20, 2017

Government to formulate policy for better returns on Provident Fund, Please read this newspaper report published in Hindi Daily Bhaskar :-

Read More

Finance Ministry ratifies 8.65% interest on EPF (Employees’ Provident Fund)

| April 17, 2017

The Finance Ministry is believed to have permitted the Labour Ministry to go ahead with 8.65 per cent rate of interest on employees’ provident fund (EPF) for 2016-17, which will benefit over four crore EPFO members. The Finance Ministry in its communication to the Labour Ministry has, however, put a rider that the interest rate […]

Read More

Latest Rules On Provident Fund Withdrawal You Should Know: 10 Facts

| March 14, 2017

According to provident fund norms, 12 per cent of an employee’s salary goes into the fund along with a matching contribution from the employer. The Employees’ Provident Fund Organisation (EPFO) has been taking many steps to ease the process of provident fund (PF) money withdrawal. The PF money can be withdrawn after two months from […]

Read More

Central government changed Provident Funds rules, employees to get money in 15 days

| March 9, 2017

केंद्र सरकार के लगभग 50 लाख कर्मचारियों के लिए अच्छी खबर है कि जनरल प्रॉवीडेंट फंड (जीपीएफ) से पैसा निकालने के नियमों में ढील दी गई है जिसके तहत अब उन्हें 15 दिन में पैसा मिल जाएगा. इसके साथ ही कर्मचारी अब खास काम से अपने जीपीएफ का पैसा दस साल की नौकरी पूरा होने […]

Read More

Provident Fund Interest Rate from 1st January 2017 interest rate @ 8% from 01.01.2017

| January 24, 2017

Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi. the 18th January, 2017 RESOLUTION It is announced for general information that during the year 2016-2017. accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight per […]

Read More

Government reduced Provident fund rates to 8.65 percent

| December 21, 2016

Government reduced Provident fund rates to 8.65 percent , Please read this news paper report published in Hindi Daily :- Click image below for larger view:-

Read More

Government not to increase rate of interest on Provident Fund

| December 17, 2016

Government not to increase rate of interest on Provident Fund, Please read this news paper report published in Hindi Daily :- Click image below for larger view:-

Read More

Government lifts compulsory contribution on provident fund

| December 10, 2016

Government lifts compulsory contribution on provident fund, Please read this news paper report published in Hindustan

Read More

PF interest rate revised to 8.8 per cent from 8.7 per cent for FY16 by FinMin

| April 29, 2016

PF interest rate revised to 8.8 per cent from 8.7 per cent for FY16 by FinMin EPF interest rate revised: Labour unions have won another battle over Employee Provident Fund with the Finance Ministry agreeing to 8.8 per cent interest to be paid on EPF balances for 2015-16. Labour unions have won the battle over […]

Read More

PF interest rate hiked to 8.8 per cent for 2015-16 from existing 8.75%

| February 17, 2016

PF interest rate hiked to 8.8 per cent for 2015-16 from existing 8.75% The government on Tuesday increased interest rates on provident fund (PF) to 8.8 per cent for the ongoing financial year ended March 2016 from 8.75 per cent earlier. The government on Tuesday increased interest rates on provident fund (PF) to 8.8 per […]

Read More