EPFO to decide PF interest rate on January 14 Retirement fund body Employees' Provident Fund Organisation (EPFO) will announce the interest rate on provident fund (PF) deposits for the current financial year on January 14 and may offer its over 5 crore subscribers a little more than 8.5 per cent provided in 2012-13. "The decision on interest rate on PF deposits for this … [Read more...] about EPFO to decide PF interest rate on January 14
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EPFO - Employees Provident Fund Organisation
Enhancement of salary limit of Employees Provident Fund
Enhancement of salary limit of Employees Provident Fund Enhancement of salary limit of Employees Provident Fund is considering to Rs.15000..! While answering to a question in Parliament, Minister of State for Labour and Employment Shri Kodikunnil Suresh said that A proposal for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from … [Read more...] about Enhancement of salary limit of Employees Provident Fund
EPFO Performance in September 2013
EPFO Performance in September 2013 While reviewing the work of Employees Provident Fund Organisation during September 2013, it has been observed that the Organisation settled 7,96,759 claims in its 123 offices located throughout the country compared to 7,49,639 claims settled during September 2012. More than 50 % of the offices settled more than 80% of the claims within 10 … [Read more...] about EPFO Performance in September 2013
EPFO Orders – Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013
EPFO Orders - Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013 Employees' Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) No. WSU/12(1)12012-13/PLB/13048 Date: 09 Oct 2013 All Regional P.F. Commissioners In-charge of the ROs/SROs Regional P.F. Commissioner-I(ASD), Head Office Sub: Declaration of … [Read more...] about EPFO Orders – Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013
8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013
8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013: Financial Express The reconstituted EPFO's Central Board of Trustees (CBT), which has to take a call on interest rate on PF deposits for the current fiscal, is likely to hold its first meeting on October 4. The meeting of the CBT headed by the Labour Minister is likely to be called on October 4 for … [Read more...] about 8.5% on PF deposits expected, EPFO board meeting likely on 4th October 2013
How to calculate interest on General Provident Fund (GPF)
How to calculate interest on GPF General Provident Fund : Needless to say that one of the easiest and good return saving scheme for Central Government Employees who have been appointed on or before 31.12.2003. They can save not less than 6% from the total emoluments. As per the GPF Rules, subscriptions may be increased twice and/or reduced once at any time during the year. … [Read more...] about How to calculate interest on General Provident Fund (GPF)
EPFO: Digital Signatures Under Employees Provident Fund Organisation
EPFO: Digital Signatures Under Employees Provident Fund Organisation The Employees Provident Fund Organisation (EPFO) has not made it mandatory for all employers with more than 1000 workers to send their digital signatures to the EPFO. However, Employees’ Provident Fund Organisation (EPFO) is implementing the facility for online claim settlement in respect of transfer … [Read more...] about EPFO: Digital Signatures Under Employees Provident Fund Organisation
EPFO shows much better improvement
EPFO shows much better improvement The number of contributing members to Employee Provident Fund Organisation (EPFO) has crossed 4.00 crore as on 17.08.2013. Similarly, number of establishments covered under EPF & MP Act, who are contributing and filing their return through electronic system has increased to 4 lakh. EPFO also distributed pension to more than 44 lakh … [Read more...] about EPFO shows much better improvement
Duties and responsibilities of Multi Tasking Staff: DoPT Order forwarded by EPFO
Duties and responsibilities of Multi Tasking Staff: DoPT Order forwarded by EPFO Employees' Provident Fund Organisation Ministry of Labour & Employment, Govt. of India No. HRD/C-1(3)2010/RR/MTS/9440 Dated: 19 August, 2013 Sub: Duties and responsibilities of Multi Tasking Staff — regarding. Sir, DoPT vide its OM No. AB-14017/6/2009-Estt (RR) dated … [Read more...] about Duties and responsibilities of Multi Tasking Staff: DoPT Order forwarded by EPFO
Hike contribution to raise minimum pension: EPFO to Government
Hike contribution to raise minimum pension: EPFO to Government Retirement fund body EPFO has made a case for increase in Government’s contribution to its pension scheme EPS-95 to 1.79 per cent of basic wages from existing 1.16 per cent for ensuring Rs 1,000 per month to pensioners. “...it is believed that there is a strong case for increasing the government’s … [Read more...] about Hike contribution to raise minimum pension: EPFO to Government
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