EMPLOYEES PROVIDENT FUND

  • Apply online for PF transfer, withdrawals from July 1 April 18, 2013

    New Delhi: Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims. "We have decided to set up a central clearance house which will be...
  • EPFO likely to pay 8.5 pc interest for 201213 February 15, 2013

    New Delhi: Over five crore subscribers of the retirement fund body EPFO are likely to get 8.5 per cent return on their investment during 201213, higher than 8.25 per cent paid in the previous fiscal. "... 8.5 per cent rate of interest for the year 201213 is feasible", said a...
  • PF account statements now just a click away November 30, 2012

    New Delhi: Over 50 million provident fund subscribers can now access their account statements online as EPFO on Friday launched its ePassbook service. Active subscribers whose electronic challancumreturn is already uploaded, can download their ePassbook every month under the service launched by the EPFO's Central Provident Fund Commissioner RC Mishra...
  • EPF interest rate to be raised to 8.6 pc April 26, 2012

    New Delhi: Interest rate on employees' provident fund will be increased to 8.6 per cent for the current fiscal, a move which will benefit around five crore subscribers. "The rates were brought down due to lower income (on investment in Special Deposit Schemes)...There is no question of minimum or maximum interest...
  • Govt to cut EPF rate from 9.5 pc to 8.25 pc March 15, 2012

    New Delhi: Government on Thursday slashed interest rate on deposits in Employees Provident Fund from 9.5 per cent to 8.25 per cent for 201112 affecting over 4.7 crore subscribers. This cut was proposed by the Finance Ministry and a notification was issued by the Labour Ministry, official sources said. The Employees' Provident...
  • Online PF account details from July 1 June 8, 2011

    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...
  • EPFO for 9.5 pc interest; to avoid bourses February 15, 2011

    New Delhi: The Employees Provident Fund Organisation (EPFO) on Tuesday stuck to its decision that about 4.71 crore subscribers of the pension fund get one per cent increase in interest on their deposits for 201011, pegging the rate of interest at 9.5 per cent. The Central Board of Trustees of...
  • 40 lakh private PF subscribers may lose tax benefits January 6, 2009

    New Delhi: Over forty lakh employees affiliated to over 2,500 private provident funds face the threat of losing income tax benefits on their PF contributions, as the government seems to be having second thoughts over giving these bodies permanent recognition. Taking a plea that privatelyrun PFs are violating investment accounting norms, the...