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About 11 results for "epf contribution"

As linking Aadhaar kicks in, EPF contributor base shrinks
Rediff.com

As linking Aadhaar kicks in, EPF contributor base shrinks

The number of contributors was 46.4 million in July and 44 million in September. Illustration: Uttam Ghosh/Rediff.com Contributors to the Employees’ Provident Fund (EPF) have declined by two million after the government mandated the linking of Aadhaar with an employee’s PF account. The officials in the ministry of labour and employment said the number of contributors was 46.4 million in July and 44 million in September.   “This was on account of linking Aadhaar with the ... Rediff.com, 2 months ago
MSN India

EPF balance: How to check online

passbook, which gives your balance and accumulation details, can be checked online. EPFO or Employees' Provident Fund Organisation has also launched apps for checking EPF balance and other details. UMANG, an app that provides a single platform for access ...
 MSN India1 month ago

EPF rate may be cut to 8.35%

City: Mumbai The labour ministry plans to cut interest rate on the pension fund to 8.35% from 8.6% for FY18 on account of low yields on government securities The labour ministry is likely to recommend cutting the interest rate on employee provident fund (FPF) ...
 The Financial Chronicle2 days ago
DNA

EXCLUSIVE: I don't waste time thinking about elections, says PM Modi

Prime Minister Narendra Modi talks about his government's development schemes, employment generation, and his view of life One question that everyone wanted me to ask you is about employment. The latest figures released by the government are optimistic, there ...
 DNA15 hours ago
Sify

Why NPS Corpus could become tax free in Jaitley's budget plan

February 2018 could observe the finance ministry headed by Arun Jaitley to consider incentivizing the National Pension Scheme. The ministry could either offer exemptions to investments made on NPS or improve the current slab rates. NPS was offered a boost in ...
 Sify1 week ago

Why India Needs A 'Health Savings Account Scheme'

Posted by Equitymaster For every Rs 100 spent in India on healthcare, Rs 62 is out-of-pocket. More surprisingly, only Rs 8 is paid/reimbursed by insurers and the rest is borne by the Government. The global average of out-of-pocket healthcare expenditure is ...
 Equitymaster.com3 weeks ago

Job gap remains

EPFO data shows that employment opportunities remain subdued The fluctuation in the number of new subscribers to the Employees’ Provident Fund Organisation (EPFO) over the last three years gives a significant insight into job creation in the organised ...
 The Financial Chronicle3 weeks ago
Rediff.com

Cheers! EPFO subscribers will now get mutual fund units

'A subscriber will know exactly how much of his money is in debt and how much in equity.'Chirag Madia reports. Illustration: Uttam Ghosh/Rediff.com The Employees' Provident Fund Organisation (EPFO) on November 23 cleared a new accounting policy for its equity-linked investments. Under the policy, the 15 per cent of PF contributions parked in equities will be allotted as mutual fund units to all the subscribers. These units can be redeemed by subscribers when they exit or withdraw the ...
 Rediff.com1 month ago
Rediff.com

DeMo: Jaitley's Report Card

'It is common knowledge that cash is anonymous.''When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.''With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.''It is no more anonymous,' says Arun Jaitley.Illustrations: Uttam Ghosh/Rediff.com November 8, 2016 would be remembered as a watershed moment in the history of the Indian economy. This day ...
 Rediff.com2 months ago
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