A Guide to Understanding Employees’ Provident Funds in India
Introduction Employees’ Provident Fund is a statutory benefit extended to employees employed in India. The laws relating to Employees’ Provident funds within India are governed...
Tag : Employees’ Provident Fund Organisation (EPFO)
ESIC Scheme Adds 1.28 Million New Members in January
Over 12.84 lakh new members joined the ESIC social security scheme in January 2021 against 15.34 lakh in the previous month, official data showed, giving...
EPFO to Pay 8.5% Interest for FY20 in Two Installments
On Wednesday, the central board of the Employees Provident Fund Organisation (EPFO) said that it would pay out the 8.5 per cent interest to the EPF subscribers...
EPFO Cuts Interest Rate to 8.5% for 2019-20
Retirement fund body Employees’ Provident Fund Organisation (EPFO) on Thursday lowered interest rate on provident fund deposits to a seven-year low of 8.5 per cent...
DHFL Offers to Repay Investors in Full, Seeks NOD for ICA
Dewan Housing Finance Corporation (DHFL) has offered to repay investors in full without any haircut over a period of time but has sought their consent...
Provident Fund Subscribers To Get 8.65% Interest For 2018-19
On Tuesday, Labour Minister, Santosh Gangwar said that over 6 crore EPFO accounts will be credited with interest amount at 8.65 per cent rate for 2018-19 ahead...
EPFO for Early Redemption of DHFL Bonds
The Employees’ Provident Fund Organisation (EPFO) will seek early redemption of about Rs 700 crore worth of bonds of troubled mortgage lender Dewan Housing Finance...