News for 'Board of Trustees'

PF rate to remain 8.5% for 2006-07

PF rate to remain 8.5% for 2006-07

Rediff.com23 Jul 2007

Bowing to pressure from Left- backed trade unions, the Employees Provident Fund Board agreed on Monday to continue paying 8.5 per cent interest rate to its nearly 4 crore subscribers for fiscal 2006-07 as well.

JP Morgan Chase CEO Jamie Dimon has throat cancer

JP Morgan Chase CEO Jamie Dimon has throat cancer

Rediff.com2 Jul 2014

In a brief letter to his colleagues and shareholders, Dimon disclosed that the cancer was detected quickly and is confined to the original site and adjacent lymph nodes on the right side of his neck with no evidence of cancer elsewhere in his body.

Decision on PF interest rate may be put off

Decision on PF interest rate may be put off

Rediff.com7 Dec 2006

The Central Board of Trustees of Employees Provident Fund is likely to defer a decision on interest rate to be given to its more that 4 crore (40 million) employees this fiscal.

Sebi to tweak employee stock option norms

Sebi to tweak employee stock option norms

Rediff.com18 Jun 2014

The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.

Renaming in Modi's India: From cities to fruits

Renaming in Modi's India: From cities to fruits

Rediff.com24 Feb 2021

Cities, roads, stations rechristened in the time of Modi.

$500 million settlement reached in Nassar sex abuse scandal

$500 million settlement reached in Nassar sex abuse scandal

Rediff.com16 May 2018

The deal calls for the school to pay $425 million to the 332 victims represented in current litigation, with another $75 million set aside in a trust fund which could go to future plaintiffs who allege they were abused by Nassar, the attorneys said in a joint statement.

VHP not to float own political outfit

VHP not to float own political outfit

Rediff.com19 Dec 2005

Asked about VHP's future plan of action, the leader asked the media to wait till January two when it would "play its 'Hindu card' for political parties" with its charter of demands.

EPF rate delay to hit 2 mn subscribers

EPF rate delay to hit 2 mn subscribers

Rediff.com12 Mar 2007

The failure of the government to decide on the interest rate for provident fund is likely to hit around two million subscribers.

EPFO panel meet on Friday to grant tax exemption to PF trusts

EPFO panel meet on Friday to grant tax exemption to PF trusts

Rediff.com26 Mar 2014

The meeting has been called as the Finance Minister P Chidambaram did not extend a March 31 deadline for the trusts to get regular tax exemption through the Employees' Provident Fund Organisation.

EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

Rediff.com6 Sep 2015

EPFO fund body EPFO is likely to increase the maximum amount assured under its Employees' Deposit Linked Insurance Scheme (EDLI) to Rs 550,000 from the existing Rs 360,000.

The economics of a pink heritage

The economics of a pink heritage

Rediff.com8 Jan 2005

EPFO subscribers may be allowed to hike stock investments in 2019

EPFO subscribers may be allowed to hike stock investments in 2019

Rediff.com31 Dec 2018

The EPFO is now developing a software that will help show retirement savings in cash and ETFs components separately. At present the account only shows the savings as gross cash component.

EPFO to trade in private bank bonds

EPFO to trade in private bank bonds

Rediff.com28 Feb 2006

EPFO rules out differential rates

EPFO rules out differential rates

Rediff.com14 Jul 2004

The Employees' Provident Fund Organisation on Wednesday categorically ruled out differential rates for its 3 crore subscribers.

Sebi raises cash transaction limit in MFs to Rs 50,000

Sebi raises cash transaction limit in MFs to Rs 50,000

Rediff.com22 May 2014

The Securities and Exchange Board of India, in September 2012, had allowed fund houses to accept up to Rs 20,000 in cash per investor, per mutual fund in a financial year.

VHP chief says temple to be built by 2024 as per Nyas design

VHP chief says temple to be built by 2024 as per Nyas design

Rediff.com10 Nov 2019

Ram Janmabhoomi Nyas was formed by the members of the VHP on December 18, 1985, with the aim of constructing a grand temple at Ram Janmabhoomi in Ayodhya.

Corporates-politicians nexus can be toxic

Corporates-politicians nexus can be toxic

Rediff.com3 Apr 2019

'Rather than encouraging transparency, the opacity of electoral bonds adds to the murkiness,' argues Amit Tandon.

PM takes stock of EPF deficit

PM takes stock of EPF deficit

Rediff.com5 May 2005

EPFO to meet on Nov 10 to fix FY06 rate

EPFO to meet on Nov 10 to fix FY06 rate

Rediff.com9 Nov 2005

The meeting of Central Board of Trustees is likely to be stormy on Thursday with both right and left wing trade unions making up plans to demand at least 9.5 per cent EPF rate

Sebi warns MFs on 23 lapses in FY17

Sebi warns MFs on 23 lapses in FY17

Rediff.com2 Aug 2019

Sebi pointed out instances of misleading the investors by reporting incorrect data on investor complaints, instances of inappropriate utilisation of funds meant for investor education, such as spending on programmes meant for financial advisors, charging of expenses to the said funds for stationery items such as notebooks, planners and calendars, and charging of expenses without adequate records.

As major ports get autonomy, minister says no privatisation

As major ports get autonomy, minister says no privatisation

Rediff.com10 Feb 2021

The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.

Miss America says Bye Bye Bikini. Do you agree?

Miss America says Bye Bye Bikini. Do you agree?

Rediff.com6 Jun 2018

'We are not going to judge you on your outward appearance,' Gretchen Carlson, who was Miss America in 1989, said.

Former workers to get PF at 8.5%

Former workers to get PF at 8.5%

Rediff.com2 Nov 2004

EPFO detects Rs 1-crore fraud

EPFO detects Rs 1-crore fraud

Rediff.com3 Dec 2003

Detecting frauds worth about Rs 1 crore in claims settlement across the country, Employees Provident Fund Organisation on Wednesday decided to set up a fact finding team to investigate into the matter as part of efforts to prevent such misdemeanours.

No proposal to hike EPFO investment in ETFs

No proposal to hike EPFO investment in ETFs

Rediff.com18 Jul 2016

EPFO had started investing ETFs in August last year.

PF rates may not be touched

PF rates may not be touched

Rediff.com7 Aug 2004

Minimum monthly pension of Rs 1,000 to be a reality soon

Minimum monthly pension of Rs 1,000 to be a reality soon

Rediff.com18 May 2014

The UPA government's decision to ensure a minimum pension of Rs 1,000 a month under the retirement fund body EPFO's scheme, which will immediately benefit 28 lakh pensioners, is going to be a reality soon.

EPFO seeks waiver on transaction tax

EPFO seeks waiver on transaction tax

Rediff.com20 Jul 2004

Cut PF rate to 8%, says panel

Cut PF rate to 8%, says panel

Rediff.com29 Jun 2004

A sub-committee of the country's biggest provident fund, EPFO, is believed to have recommended slashing of interest rates to 8% for its 3 crore subscribers, even as some trade unions pitched for hiking the rate to 12%.

EPFO allows 90% withdrawal to invest in pension

EPFO allows 90% withdrawal to invest in pension

Rediff.com19 Aug 2003

The Central Board of Trustees of Employees Provident Fund Organisation on Tuesday approved a scheme allowing subscribers to withdraw up to 90 per cent of the accruals to invest in Varishtha Pension Bima Yojana.

EPFO panel grants tax exemption to 68 private PF trusts

EPFO panel grants tax exemption to 68 private PF trusts

Rediff.com28 Mar 2014

At present, the EPF subscribers are exempted from paying income tax on deposits.

SC to hear Haji Ali Trust's appeal against HC order allowing entry to women

SC to hear Haji Ali Trust's appeal against HC order allowing entry to women

Rediff.com4 Oct 2016

On August 26, the Bombay HC had lifted the ban imposed on women from entering the inner sanctum of Mumbai's Haji Ali Dargah.

IndiGo promoters' feud simmers; shareholders to meet on Jan 29

IndiGo promoters' feud simmers; shareholders to meet on Jan 29

Rediff.com3 Jan 2020

The EGM would discuss deleting various Articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right', in the company's Articles of Association.

Interim EPF rate fixed at 8.5%

Interim EPF rate fixed at 8.5%

Rediff.com9 Aug 2004

CBT defers decision on EPF rate

CBT defers decision on EPF rate

Rediff.com13 Jul 2004

The Central Board of Trustees of the Employees Provident Fund on Tuesday unanimously decided to defer a decision on the rate of interest on EPF till July 20.

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Rediff.com14 Oct 2019

Amartya Sen was the other Presidency alumni to win the Economics Nobel. Banerjee won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."