Category: Provident Fund

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 […]

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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 […]

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Government set to increase Provident Fund Interest rates.

| January 22, 2016

Government set to increase Provident Fund Interest rates. DELHI: The Employees Provident Fund Organisation’s (EPFO) finance panel has recommended raising the interest rate on statutory savings of over 5 crore subscribers from 8.75% to 8.95% during the current fiscal. The proposal has to be endorsed by the central board of trustees before the finance ministry […]

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Provident Funds to give better return with investments in share market

| August 2, 2015

Provident Funds to give better return with investments in share market Provident Funds to give better return with investments in share market, Please read this news paper report:- Click image below for larger view:-

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Government Retains Interest Rate for provident fund at 8.7%

| April 21, 2015

NEW DELHI: The government has retained the rate of interest for General Provident Fund (GPF) and other related schemes at 8.7 per cent for the current fiscal. The 8.7 per cent interest will apply on Provident Funds of central government employees, railways and defence forces, according to the notification issued by the Finance Ministry. The […]

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Government to give housing facility to PF account holders

| March 11, 2015

Government to give housing facility to PF account holders Government to give housing facility to PF account holders, Please read this news paper report published in rashtriye sahara news paper:-  

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Union Budget 2015: PF contribution made optional for employees

| March 4, 2015

Union Budget 2015: PF contribution made optional for employees In an employee-friendly move, the government today made provident fund contribution optional for workers getting salary below a threshold. However, the employer will continue to contribute his share of the PF irrespective of the worker opting not to pay his contribution. “…for employees below a certain threshold […]

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Provident Fund subscriber to get health cover

| February 19, 2015

Provident Fund subscriber to get health cover Provident Fund subscriber to get health cover, Please read this news paper report published in hindi news paper daily:-

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Government employees won’t be able to withdraw Provident Fund till the age of 50

| January 23, 2015

Government employees won’t be able to withdraw Provident Fund till the age of 50 Government employees won’t be able to withdraw Provident Fund till the age of 50, Please read this news paper report:-  

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Central government to reduce Provident Fund contribution of employees

| January 22, 2015

Central government to reduce Provident Fund contribution of employees Central government to reduce Provident Fund contribution of employees, Please read this news paper report of dainik jagran hindi daily:-

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