PF

  • Foreign employees to get PF money in their own countries 2 days ago

    New Delhi: Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries. The facility will help international workers to avoid opening of bank accounts in India for settling their PF claims with with the Employees' Provident Fund Organisation...
  • PM Modi unveils 'Shramev Jayate Yojana' to revamp labour reforms and ease the 'Make in India' call 1 week ago

    New Delhi: Looking to create an environment conducive to industrial development while also ensuring transparency in the labour sector, Prime Minister Narendra Modi unveiled 'Shramev Jayate Yojana' to revamp labour reforms and ease the 'Make in India' call. Modi inaugurated the 'Pt Deendayal Upadhyay Shramev Jayate Karyakram' organised by the...
  • EPFO may launch portable PF A/c number in September September 5, 2014

    New Delhi: Retirement fund manager EPFO's ambitious project to provide portable universal PF account numbers (UAN) to its subscribers is likely to be launched in September. The UAN project is likely to be launched by Prime Minister Narendra Modi. However, no date for the formal launch has been fixed as yet. The...
  • EPFO unveils revised PF transfer form for online transactions July 4, 2013

    New Delhi: Taking the first step towards launch of online PF transfer claim facilities, retirement fund body EPFO on Thursday unveiled the revised transfer claim form for the purpose. The launch of full fledged service of online transfer of provident fund transfer claims would take more than a month, EPFO's...
  • Chit fund scam: Sudipta swindled 2500 employees of PF money April 29, 2013

    Kolkata: Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, has allegedly swindled 2500 of his employees of their provident fund money, according to sources. Sources said that the amount never got deposited in their respective PF accounts. A team of ED officials from Kolkata have started looking at...
  • New PF norms will reduce your takehome salary April 20, 2013

    New Delhi: Decks have been cleared for clubbing of allowances with basic pay for PF deductions under the EPFO scheme, a move that will increase savings but reduce takehome pay of over five crore subscribers. A review committee, constituted to look into the nittygritty of clubbing of allowances with basic...
  • EPFO to pay 8.5 per cent interest on PF deposits February 25, 2013

    New Delhi: Retirement fund body EPFO on Monday decided to pay 8.5 per cent interest rate to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal. The decision was taken at the meeting of the Central Board of...
  • Takehome salary set to get cut, more money to go to PF December 11, 2012

    New Delhi: A fresh decision by the Employees' Provident Fund Organisation (EPFO) is slated to slash the takehome salary of those in service. The EPFO has decided that Provident Fund of an employee will now not be deducted on just the basic salary, but will now be calculated on the...
  • PF account statements now just a click away December 1, 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...
  • 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...
  • 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...
  • FM approves 9.5 pc interest on PF deposits March 17, 2011

    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 201011. The EPFO had been paying 8.5 per cent interest on PF deposits since 200506. In September 2010, it had recommended an increase...
  • PF scam: court asks accused judges to appear February 17, 2011

    Ghaziabad: A special CBI court in Ghaziabad trying the Rs 6.58crore Provident Fund scam has asked all the six accused retired judges to appear before it on Friday, failing which warrants would be issued against them. The former judges were directed by the CBI court to appear before it on January...
  • PF scam: CBI demands warrant against 6 judges January 13, 2011

    Ghaziabad: The Central Bureau of Investigation (CBI) on Wednesday demanded that nonbailable arrest warrant be issued against six judges in the Provident Fund scam. The investigating agency made the demand during a hearing before a special CBI court in Ghaziabad. The court has summoned 10 judges in the case but none...
  • EPFO raises PF interest rate to 9.5 per cent September 15, 2010

    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 201011 on their retirement savings. The steep one percentage point increase has taken the interest on...
  • Provident Fund scam: 3 exHC judges named July 4, 2010

    New Delhi: The CBI probing the infamous Ghaziabad Provident Fund (PF) scam has chargesheeted three former judges of the Allahabad High Court of illegally siphoning off provident funds of ClassIV employees of the Ghaziabad district court. The CBI on Saturday filed chargesheet against 78 people, including three former judges of Allahabad...
  • SC stops cremation of Ghaziabad PF scam accused's body October 19, 2009

    New Delhi: The Supreme Court on Monday directed that the body of Ashutosh Asthana, the prime accusedcumwitness in a corruption case involving judges of the higher judiciary, should not be cremated "if it has not been until now", till further orders. A bench of Justice DK Jain and Justice HL Dattu...
  • PF scam accused dies in jail, family alleges foulplay October 18, 2009

    New Delhi: Ashutosh Asthana, the prime accused in the multicrore provident fund scam, was found dead in a Ghaziabad jail under mysterious circumstances on Saturday evening. He was found unconscious at the Dasna District Jail where he had been lodged. Asthana's death is a tragic setback to a murky scandal that...
  • Main accused in Ghaziabad PF scam dies in prison October 17, 2009

    Ghaziabad/Lucknow: Asutosh Asthana, the main accused in a multicrore provident fund (PF) scam allegedly involving judges, was found dead in his prison cell in Ghaziabad on Saturday morning Asthana, 43, had been custody in the Dasna Jail since January. He was found unconscious in his cell at around 1400 hrs...
  • PF scam: Allahabad HC judge to be sacked November 10, 2008

    New Delhi: Chief Justice of India KG Balakrishnan is all set to take some tough measures to tackle corruption in the judiciary. Justice Balakrishnan has indicated that a High Court judge involved in the Rs 23 crore Ghaziabad Provident Fund (PF) scam is likely to be sacked. Chief Justice KG Balakrishnan...
  • Zimbabwe's rival parties agree on unity government October 17, 2008

    Harare: A monthlong standoff between Zimbabwe's political parties over the implementation of a powersharing deal appeared to be at an end on Thursday, with sources saying President Robert Mugabe and his archrival Morgan Tsvangirai had agreed on the composition of a unity government. "An acceptable compromise has been reached," a senior...
  • SC asks CBI to take over Ghaziabad PF scam probe September 23, 2008

    New Delhi: In a tough act against corruption in the higher judiciary, the Supreme Court has ordered a CBI probe into the Ghaziabad illegal Provident Fund withdrawal scam. The Rupees 23 crore worth scam allegedly involves 34 judges including those from the High Court as well as the Supreme Court. Last month,...
  • Multicrore fund scam exposes corruption in judiciary August 7, 2008

    New Delhi: A judge hearing the multicrore Ghaziabad PF scam, allegedly involving High Court and Supreme Court judges, on Thursday withdrew from the case. Justice B N Agarwal refused to hear the case after a bitter argument between senior counsel Shanti Bhushan and him. Things went out of control following a comment...
  • Chief Justice orders probe against judges in PF scam July 18, 2008

    New Delhi: Months after a provident fund scam involving judges of the Supreme Court, High Courts and district courts was uncovered in Ghaziabad, the Chief Justice of India has given a go ahead for an investigation. Judges are no longer holy cows as 36 judges of the Supreme Court, High Courts...
  • Zimbabwe Prez calls for unity in party March 31, 2007

    New Delhi: In Zimbabwe, the ruling ZanuPF party has endorsed President Robert Mugabe as its candidate for the 2008 election. Mugabe has accused the main Opposition party of mounting a terrorist campaign to remove him from office and defended a violent police crackdown on Opposition demonstrations this month. He has...