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Private banks cannot collect PF dues: EPFO body

At present, State Bank of India collects PF dues on behalf of EPFO. An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of......

EPFO may pay 9% interest for 2015-16

According to EPFO income projections worked out in September, providing 9 per cent interest on PF will result in a deficit of Rs 100 crore (Rs 1 billion). Retirement fund body EPFO may......

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