Epfo

  • EPFO approves raising Provident Fund interest rate 13-01-2014 12:34 PM

    New Delhi: Retirement fund body EPFO on Monday decided to increase the rate of interest on Provident Fund deposits to 8.75 per cent for 2013-14, a move that will benefit about 5 crore subscribers. "We have decided to recommend to the government 8.75 per cent rate of interest for 2013-14...
  • Filing online PF account transfer claims on changing jobs becomes a reality 12-10-2013 11:07 AM

    New Delhi: The filing of online provident fund accounts transfer claims on changing jobs for subscribers of the retirement fund body EPFO has become a reality now. The facility has been made available as the Employees' Provident Fund Organisation (EPFO) has launched its online transfer claim portal (OTCP) on October...
  • EPFO unveils revised PF transfer form for online transactions 04-07-2013 07:05 PM

    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...
  • New PF norms will reduce your takehome salary 20-04-2013 01:08 PM

    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 take-home pay of over five crore subscribers. A review committee, constituted to look into the nitty-gritty of clubbing of allowances with basic...
  • Apply online for PF transfer, withdrawals from July 1 18-04-2013 05:38 PM

    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...
  • Take-home salary set to get cut, more money to go to PF 11-12-2012 08:19 PM

    New Delhi: A fresh decision by the Employees' Provident Fund Organisation (EPFO) is slated to slash the take-home 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 30-11-2012 05:42 PM

    New Delhi: Over 50 million provident fund subscribers can now access their account statements online as EPFO on Friday launched its e-Passbook service. Active subscribers whose electronic challan-cum-return is already uploaded, can download their e-Passbook every month under the service launched by the EPFO's Central Provident Fund Commissioner RC Mishra...
  • Online PF account details from July 1 08-06-2011 06:57 PM

    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....
  • FM approves 9.5 pc interest on PF deposits 17-03-2011 05:38 PM

    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...
  • EPFO stops investments in LIC Housing Finance 09-12-2010 03:53 PM

    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...
  • EPFO raises PF interest rate to 9.5 per cent 15-09-2010 06:06 PM

    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...