Page 10 - Epfo

SC ruling on PF contribution likely to dent your take-home salary

According to the EPFO's regulations, the contribution of employer and employee to EPF has to be equal - 12 per cent of basic salary

Hike in minimum pension for subscribers will need budgetary support: EPFO

An empowered committee, set up by the labour and employment ministry, in its report submitted to the govt in December had recommended that the minimum monthly member pension may be hiked to Rs 2,000

EPFO writes to Finance Ministry on exposure to crisis-hit IL&FS bonds

Sources said that the EPFO has invested about Rs 570 crore in the IL&FS bonds.

EPFO investment in IL&FS has not turned bad: Audit committee member

The EPFO's CBT will decide the interest rate for subscribers for 2018-19 in its Thursday meeting

EPFO plans to invest over Rs 4,000 crore in CPSE ETF, Bharat 22 from FY20

From August 2015 to December 2018, the EPFO invested Rs 63,224 crore in ETFs

EPFO subscribers may be allowed to invest more in equity markets in 2019

The EPFO is now developing a software that would help show retirement savings in cash and ETFs components separately

EPFO payroll data: 827k new jobs in October; 7.9 million in 14 months

Around 7.9 million new subscribers were added to social security schemes of the Employees' Provident Fund Organisation (EPFO) from September 2017 to October 2018

SBI will cease to be EPFO fund manager from March-end: Labour minister

The EPFO has separately engaged SBI Capital and UTI Mutual Funds as exchange-traded fund managers

EPFO likely to increase proportion of ETF investment to UTI Mutual Funds

At present, the Employees' Provident Fund Organisation's 75 per cent ETF investments are handled by SBI Capital, while remaining 25 per cent is managed by UTI Mutual Funds

Is prime minister's job generation scheme driving EPFO payroll data?

Unclear if beneficiaries under the scheme represent new jobs

More than 10 mn members added to EPFO in 2 years: Labour Minister Gangwar

Gangwar said it is the constant endeavour of the government to bring more workers in the unorganised sector under the fold of the Employees' Provident Fund Organisation

As of Aug-end, EPF schemes added over 14.5 mn new subscribers in a year

As per the data, the number of new subscribers joining EPF during September 2017- August 2018 stood at 1,45,63,864

EPFO data yet to stabilise, remains 'provisional' in nature

More than a year on, doubts over reliability for mapping jobs

Want better returns? EPFO panel pitches for long-term investment in stocks

The panel has recommended that the EPFO should invest in Exchange Traded Funds for a long tenure of five years to ten years to get higher returns

Nearly one-fourth of additions to the net EPFO are switched jobs

Nearly a fourth of the net payroll in the formal sector comprises people who are switching between jobs, the latest data released by the EPFO showed

EPFO revises down payroll numbers by 12% for September-May period

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

EPFO should act as sole regulator for all categories of PFs: Par panel

The Committee is convinced that a strong regulatory system should be in place for all PF trusts

EPFO can make history

If implemented, this will be a tremendous boost for the equity markets in India

EPFO subscribers may get the choice of where and how much to invest

If a new labour ministry policy gets the green light, you will have the flexibility to select an investment pattern for your PF kitty to maximise returns

EPFO invested nearly Rs 489.46 bn in exchange-traded funds till June 30

The EPFO's apex decision-making body the Central Board of Trustees (CBT) at its 207th meeting held on March 31, 2015 decided to invest only in ETFs in the category of equity and related investments