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About 1226 results for "finance ministry decision"

EPF interest rate raised to 8.8 per cent for FY16 as govt buckles under pressure
Financial Express


2NDLD EPF 2 LAST Contributed by NAMPA / PTI. The Labour Minister clarified that the EPFO's apex decision making body the Central Board of Trustees headed by him, in its meeting held on February 16, 2016 at Chennai, recommended 8.8 per cent ... Namibia Press Agency, 1 hour ago
Financial Express

Finmin for EPFO's reserve fund to protect interest of workers

NEW DELHI: Finance Ministry wants that Employees Provident Fund Organisation (EFPO) should create a reserve fund to protect the interest of over five crore subscribers from falling interest rate regime. While ratifying interest rate of 8.8 per ...
 Economic Times1 hour ago EPFO earnings in FY16 not sufficient to pay even lower 8.7% interest on Employee Provident Fund: Finance Ministry  Financial Express2 days ago FinMin defends lower EPF rate, cites lack of funds  Press Trust of India2 days ago Finance Ministry defends lower interest rate on EPF, cites lack of funds  ZeeNews.com1 day ago
Deccan Chronicle

Govt should provide access to I-T data of all years: Piketty

Not satisfied with the FinanceMinistry's decision to release Income Tax statistics for onlyone assessment year (2012-13), noted French Economist ThomasPiketty today said the government should have come out withthe figures for earlier years for a meaningful ...
 Money Control4 hours ago Government Should Provide Access To I-T Data Of All Years: Piketty  NDTV3 hours ago Govt should provide access to income tax data of all years: Thomas Piketty  Financial Express2 hours ago

Dattatreya presses for 8.8 per cent EPF payout

The Finance Minister has advised secretary-level talks before a final decision Union Labour Minister Bandaru Dattatreya met Finance Minister Arun Jaitley on Thursday to press for the payout of 8.80 per cent on Employees Provident Fund (EPF) ...
 The Hindu23 hours ago
Financial Express

Opposition slams Finance Ministry's decision to slash EPF interest rate

 Indian Express1 day ago Oppn slams FinMin decision to slash EPF interest rate  Press Trust of India1 day ago PF interest rate: Not an easy road ahead  MSN News US2 days ago PF interest rate: A divided house on the course of action  Financial Express2 days ago
Money Today


EPFO-FINMIN 2 LAST Contributed by NAMPA / PTI. The Finance Ministry source said the interest income earned on nine crore inoperative accounts, having a principal of more than Rs 35,000 crore, is not distributed among them but rather distributed ...
 Namibia Press Agency2 days ago FinMin unmoved despite protest calls  New Delhi Pioneer2 days ago No question of going back on decision to fix interest rate at 8.7% for EPF subscribers: Finance Minister  DNA3 days ago FinMin firm on EPF interest rate despite protest threats  Money Today2 days ago

Govt cuts EPF interest rates

The finance minister has overruled a decision of the Employees' Provident Fund Organisation and cut the interest rate to 8.7 per cent for the financial year 2015-16. The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation ...
 Smart Investor3 days ago Interest rate cuts on small savings to make economy more efficient: Arun Jaitley  DNA1 month ago Is The Cut On Interest Rates In Small Savings Schemes Justified?  Equitymaster.com1 month ago Govt cuts interest rates on small-saving schemes  Deccan Herald1 month ago
Economic Times

EPFO contests Finance Ministry's decision to lower interest rate

A lower interest rate would allow EPFO to keep surplus of over Rs.1,000 crore
 The Hindu3 days ago Not enough earning for EPFO to give 8.7%  Economic Times1 day ago 8.7% interest rate will leave EPFO with Rs. 870cr surplus  Times of India3 days ago EPFO planning one time bonus of Rs 750 cr for its subscribers  Economic Times2 months ago

Why gold refinery consolidation is the need of the hour

Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark The 278-km-long road between Delhi and Nainital in Uttarakhand is not only used by thousands of tourists but also by hundreds of gold refiners. In the past three years, Uttarakhand has emerged as India's gold refining capital. The number of firms in this business in the state has grown five times in this period, almost doubling ...
 Rediff.com4 days ago

Will Arun Jaitley clear the EPF tax mess?

The completely avoidable mess that the finance ministry found itself in was rather surprising, says Debashis Basu. While presenting the Union Budget for 2016-17, Finance Minister Arun Jaitley announced "measures for moving towards a pensioned society."  Towards this goal, he proposed that 60 per cent of the corpus created by new contributions to recognised provident funds would be taxed, if it is not re-invested in an annuity product. This has created a tremendous backlash from the ...
 Rediff.com1 month ago Meeting between PM Modi, Finance Ministry to decide fate of EPF tax  DNA1 month ago EPF confusion prevails, FM to clarify in budget reply  The Financial Chronicle1 month ago Tax on Provident Fund Angers Employee Unions As They Warn of Massive Strike; Finance Ministry Says They Will Clarify  Trak.in1 month ago
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