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About 14 results for "epfo 1"

Cheers! EPFO subscribers will now get mutual fund units
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.com, 1 month ago

4 images for epfo 1

Business Standard, 4 weeks ago
MSN India, 1 month ago
Money Control, 6 months ago
DNA, 5 months 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

DeMo, GST impact: Number of new EPFO subscribers drops sharply

FC Bureau City: New Delhi The slow growth in the economy has impacted the job market. The number of new subscribers to the Employees’ Provident Fund Organisation (EPFO) has witnessed a sharp decline over the last few years, way down from its peak in FY15.
 The Financial Chronicle3 weeks 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 Chronicle4 hours ago

Job situation in India is not all that scary

7 million jobs will be created in formal sector in FY18 Illustration: Dominic Xavier/Rediff.com Busting the theory that jobs are not being created in the formal sector, a new study has found that 590,000 jobs were generated every month till November in the current financial year.   This means that seven million jobs will be created in the formal sector in 2017-18, if one expands the trend on a pro rata basis. The study, authored by SBI group Chief Economic Advisor Soumya Kanti Ghosh and ...
 Rediff.com15 hours ago
Rediff.com

Is there a Rs 1.25 trillion hole in the EPS?

'How is the scheme running despite running such massive deficits?''This is because the number of new members are much more than earlier members who are drawing pension.''If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.Illustration: Uttam Ghosh/Rediff.com Have you been a salaried employee for at least 10 years? If the answer is yes, you and your spouse are most ...
 Rediff.com22 hours ago
Money Control

#39;Expect hike in minimum pension to Rs 7.5K/month under EPS-95#39

The pension is Rs 1,000 a month at present, provided under the Employees#39; Pension Scheme 1995 (EPS-95) managed by the Employees#39; Provident Fund Organisation (EPFO).
 Money Control1 week ago
Rediff.com

Must Read: The future of jobs in India

'The rule for millennials is: You can have a career for life.''You have to constantly adapt to the needs of the industry to stay relevant.''The jobs will be the same, but the skill sets required will be different.''Technology will dominate the nature of jobs available in the future.' Gone are the days when you got a degree, appeared for an interview, and secured a job. And kept it for life. Both educational institutions and recruiters are pushing the envelope each day, looking for candidates ...
 Rediff.com3 weeks ago

A Month To Go, Have You Linked Your Aadhaar?

Posted by Equitymaster The deadline to link your Aadhaar to various documents and services is fast approaching. As of now, December 31, 2017 is the last date to link Aadhaar to your bank account, mutual fund folios, demat account, and insurance policies.
 Equitymaster.com1 month ago
Rediff.com

Mystery of India's employment figure

Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag. Illustration: Uttam Ghosh/Rediff.com Sectors that saw growth in job creation struggled with weaker growth in salaries, while salaries grew faster in sectors that lost jobs in FY15-17, shows a report titled Employment in the Corporate Sector: FY17, released by CARE Ratings in collaboration with Ace Equity.   Employment generation in real estate went to the negative zone in ...
 Rediff.com1 month ago
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