Ahead of the crucial CBT meet, the Employees' Provident Fund Organisation's advisory body Finance and Investment Committee will firm up its view on the matter.
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.
The trustees would meet at the regional office of the EPFO in Bengaluru, the capital of the Labour Minister Mallikarjun Kharge's home state Karnataka.
The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.
A formal sector worker can contribute towards pension scheme till the age of 58.
A part of Rs 6.5 lakh cr corpus may be used to set up Workers' Bank.
The key to scoring good marks in the Common University Entrance Test (CUET UG) lies in identifying target courses and then effectively strategising the preparation to achieve the desired goal.
EPFO is managing a corpus of Rs 6.5 lakh crore.
The Indian Institute of Management Bangalore has announced that the Common Admission Test (CAT) of the Indian Institutes of Management is going to be a Computer Based Test (CBT) from this year onwards.
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Making sense of the various issues that have now cropped up and putting them in the correct perspective.
The Employees' Provident Fund Organisation (EPFO) on Friday decided to give 8.5 per cent interest on provident fund deposits of 4.5 crore (45 million) subscribers.
The 15% invested every month in equity would be allotted to subscribers in the form of units.
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EPFO had paid 8.5 per cent interest rate to subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.
The authorities in Bihar have registered an FIR against Khan Sir and five teachers for allegedly inciting violence over the controversy surrounding the results of tests conducted by the RRB-NTPC after the recent violent protests in Patna.
The central government has notified the Employees Provident Fund (EPF) rate of interest at 8.5 per cent for 2006-07. The Central Board of Trustees (CBT) of EPF, in July, had recommended interest at 8.5 per cent. The government has now accorded its approval to notify the specified rate of interest for the year.
British actor-model Jameela Jamil recalled her struggles of dealing with an eating disorder during her 20s and urged people to seek treatment for the condition.
Trustees of Retirement fund body EPFO will decide tomorrow on amending the scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit about its 28 lakh pensioners.
There will be tripartite pact with member, bank/housing agency and EPFO.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Six firms have qualified for managing EPFO funds.
The government has approved payment of 8.75 per cent rate of interest on PF deposits in 2013-14 for over five crore subscribers of retirement fund body EPFO.
The crucial meeting of the Central Board of Trustees will be held in New Delhi on Saturday to decide on the interest rate on Employees Provident Fund
The finance ministry had last year notified a new investment pattern for EPFO.
An open letter written by women employees of KFA alleged that the company did not pay salaries
The organisation can invest in bonds of private companies with dual 'AAA' rating, say new norms.
Retirement fund body EPFO's apex decision making body Central Board of Trustees (CBT) is likely to decide rate of interest on PF deposits for 2012-13 in its meeting scheduled on January 15.
The rate for current financial year is 8.25 per cent.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
The 4.7 crore (47 million) EPFO subscribers were left guessing during the year on continuance of 9.5 per cent interest rate for this fiscal, with the retirement fund body, in an unprecedented development, deciding to refer it to the finance ministry for a final decision.
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.
Ussue will be raised at the meeting of the Central Board of Trustees of the Employees Provident Fund Organisation on Tuesday.
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Often criticised for offering less attractive interest rates than banks for most of the last five years, retirement fund manager EPFO hiked the annual rate of returns on employee provident funds to 9.5 per cent in 2010 and this time around, the banks were left behind.
The finance ministry wants the Employees' Provident Fund Organisation to bypass the central board of trustees when deciding how to invest a portion of the Rs 5-lakh crore (Rs 5 trillion) provident fund corpus in the capital market.
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.
There are differences between the ministries of labour and finance on the issue.
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The CBT headed by Union labour minister would meet on September 4.
Various points that you need to keep in mind while attempting the exam.
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