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Money from EPFO invested in 'safe' funds: Govt

'There is no question of diverting funds. This government is pro-poor, pro-worker and pro-progressive...We have made (investments) in Exchange Traded Funds (ETFs) and not in share markets.'......

EPFO may invest up to 12% in equity markets

The Finance Ministry has given its consent to the EPFO to invest from 5 per cent to 15 per cent of the investable income of the organisation every year. Buoyed by strong stock markets, Labour......

EPFO relaxes rule for profident fund settlement, but sets rider

Retirement fund body EPFO has relaxed the provision that requires furnishing of Universal Account Number for settlement of claims like PF withdrawal for all those who left membership before January......

Rs 43,000 crore lies in inoperative EPF accounts

EPFO has allotted Universal Account Number (UAN) for portability and consolidation of all previous accounts. About Rs 43,000 crore (Rs 430 billion) is lying in inoperative Employees' Provident Fund......

EPFO to launch system for discouraging premature withdrawals

The retirement fund body plans to launch 'One Employee One EPF Account' system on May 1. Retirement fund body Employees' Provident Fund Organisation (EPFO) plans to launch 'One Employee One......
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Govt to bring out low-cost housing scheme for EPFO subscribers

On Universal Account Number (UAN) for PF members, Dattatreya said 7.44 crore UANs have been issued and 1.33 crore digitally authenticated Aadhar... ...

http://www.moneycontrol.com/news/economy/govt-to-bring-out-low-cost-housing-scheme-for-epfo-subscribers_7313961.html
Assets managed by PMS industry top 10L cr mark

The assets managed by the portfolio management service (PMS) industry have crossed the 10-lakh crore mark, as an increasing number of high networth... ...

http://www.mydigitalfc.com/companies/assets-managed-pms-industry-top-10l-cr-mark-915
How to benefit from low expense ratios of ETFs

One risk of investing in a very low-cost ETF is if a fund house runs it at below cost, it could close it if it fails to attract institutional money... ...

http://www.rediff.com/money/report/perfin-how-to-benefit-from-low-expense-ratios-of-etfs/20160816.htm
Now your kaamwali bai may get maternity leave too, soon

NEW DELHI: Government is mulling over a contributory maternity benefit scheme for the unorganised sector employing around 10 crore women, after... ...

http://economictimes.indiatimes.com/news/politics-and-nation/government-mulling-maternity-benefit-for-women-in-unorganised-sector/articleshow/53706006.cms
EPFO still undecided on hiking equity exposure

The EPFO started investing 5% of its incremental deposits in exchange-traded funds (ETFs) since August last year and invested R7,465 crore till... ...

http://www.financialexpress.com/economy/epfo-still-undecided-on-hiking-equity-exposure/347623/

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