Small savings schemes turn unattractive, PF to earn more

Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum. Interest on short-term post office saving deposits was on Tuesday......

EPFO mulls setting up Workers' Bank

A part of EPPO's Rs 6.5 lakh crore corpus may be used to set up Workers' Bank with the objective of maximising returns as well as providing easy credit, primarily to its members. "We are......

Subhiksha's bank account to be attached

The regional office of the Employees Provident Fund Organisation has decided to attach the bank accounts of struggling Subhiksha Trading Services for failing to deposit PF dues even after the......

PF office may query ICICI Venture on dues

The Employees' Provident Fund Office may question ICICI Venture, which owns 23 per cent in Subhiksha Trading Services, over the retailer's Provident Fund dues, adding a new twist to the tussle......