Page 9 - Epfo

EPFO audit shows serious gaps in management of provident fund accounts

While the audit is still in progress, some of the reports have been submitted to the EPFO headquarters for necessary action

Around 1.4 million jobs added in July, up from 1.2 mn in June: ESIC Report

The report showed that gross new enrolments with the ESIC during September 2017 to March 2018 were 8.3 million

Govt notifies 8.65% interest rate for over 60 mn EPFO members for 2018-19

The Central Board of Trustees -- the apex decision-making body of the Employees' Provident Fund Organisation (EPFO) -- had approved 8.65 per cent interest rate for the last fiscal on February 21

Over 6 crore EPFO subscribers to get 8.65% interest for 2018-19: Gangwar

At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate, which was approved for 2017-18

Air India's arm raises Rs 7,000 cr from bond market to dilute debt burden

The bond was floated at 6.99%, around 86 bps higher than the three-year govt bond yield, to be followed by a Rs 15,000 crore bond issue in two weeks

Govt to soon announce 8.65% interest on EPF: Labour Minister Gangwar

A notification by the labour ministry is required regarding the interest rate for crediting the interest amount into accounts of over 6 crore subscribers

EPFO to launch e-inspection system for companies to simplify process

'The EPFO is working towards a three-day settlement period for KYC (Know Your Customer) compliant beneficiaries who have UAN linked to Aadhaar'

EPFO to allocate equity investments equally in Nifty and Sensex firms

Decision against hiring private fund managers

Advance part-withdrawal approved under Employees' Pension Scheme

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009

EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

Besides, the Employees' Provident Fund Organisation (EPFO) also approved a proposal for early redemption of its investment of around Rs 700 crore in bonds of DHFL

EPFO may appoint HSBC AMC, UTI AMC, SBI MF as fund managers for 3-yr term

Earlier this year, the EPFO had made it clear that the SBI as a bank could not continue as the fund manger of the body

ETFs triple in 2 yrs on back of steady inflow from EPFO, provident funds

ETFs are traded on stock exchanges, with stocks, bonds or commodities as the underlying product. An ETF's portfolio exactly mimics the securities in its underlying index, in the same weightage

EPFO Assistant Admit Card 2019 out at epfindia.gov.in: Steps to download

The Employees' Provident Fund Organization has released the EPFO Assistance Admit Card 2019 on epfindia.gov.in

EPFO SSA recruitment 2019: Apply for 2,189 govt jobs; all you need to know

Candidates can apply for EPFO Assistant Posts till July 21, 2019. Apply through www.epfindia.gov.in. Here's what you must know

Madras HC seeks EPFO response on plea against mandatory Aadhaar-UAN linking

All members of the pension scheme would have to link their Aadhaar with their UAN just to continue their membership in the pension scheme

Finance ministry asks EPFO to reduce annual fund payout of 8.65%: Report

There are concerns that the high return would hurt the economy by reducing banks' ability to lend at attractive rates

EPFO recruitment 2019: How to apply for 280 vacancies for post of assistant

EPFO will conduct an online exam for the posts on July 30 and July 31. The entry level pay for the posts is Rs 44,900

EPFO may suspend investment in private sector bonds, say sources

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds in debt-related instruments, according to its pattern of investment

Finance Ministry ratifies 8.65% interest on EPF for 2018-19

The EPFO had earlier reduced the interest rate in 2016-17 to 8.65 per cent from 8.8 per cent in 2015-16

Enrol for UAN, use the Umang app to keep a tab on provident fund payments

Earlier, it was difficult for an employee to find out whether the employer has been depositing his share of PF contribution