Online PF account details from July 1

Online PF account details from July 1 Kolkata: The Employees Provident Fund Organisation (EPFO) on Wednesday said account details would be available online from July 1. "You can watch the account balance of your PF online from July 1," Assistant PF Commissioner Kanchan Roy said at an interactive session at Bengal National Chamber of Commerce and Industry. "This indeed would be a great help to about 5 crore PF subscribers in India," he said. EPFO plans to...
06:57 PM, Jun 08, 2011

FM approves 9.5 pc interest on PF deposits

FM approves 9.5 pc interest on PF deposits New Delhi: The finance ministry on Thursday approved higher interest rate of 9.5 per cent to over 4.7 crore depositors with the Employees Provident Fund Organisation (EPFO) for 2010-11. The EPFO had been paying 8.5 per cent interest on PF deposits since 2005-06. In September 2010, it had recommended an increase in interest rate to 9.5 per cent for 2010-11 after discovering Rs 1,731 crore surplus in their books of...
05:38 PM, Mar 17, 2011

EPFO stops investments in LIC Housing Finance

EPFO stops investments in LIC Housing Finance New Delhi: Retirement fund manager EPFO on Thursday decided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the bribes-for-loans scam. "As of now we have suspended further investments in the LIC Housing Finance. Safety of fund is our prime concern. We are doing so because CBI is investigating the case", Labour Minister Mallikarjun Kharge said. Kharge,...
03:53 PM, Dec 09, 2010

EPFO raises PF interest rate to 9.5 per cent

EPFO raises PF interest rate to 9.5 per cent New Delhi: In what may be a windfall for crores of employees in public and private sector, the Provident Fund Trustees on Wednesday decided to give a higher interest rate of 9.5 per cent for 2010-11 on their retirement savings. The steep one percentage point increase has taken the interest on PF deposits of 4.71 crore organised sector workers to a five-year high from the current level of 8.5 per...
06:06 PM, Sep 15, 2010

Retail chain Subhiksha under EPFO scanner

Retail chain Subhiksha under EPFO scanner Retail chain Subhiksha's top management has already quit. ...
08:22 PM, Feb 11, 2009
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