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It is important to get the basics right across concepts, and then focus on the ones that you know are important.
Career Launcher presents a break-up of the CAT 2009 test of Day 1 and tips on what test-takers should keep in mind on test day.
For the sixth year in a row, over 4.7 crore (47 million) subscribers of retirement fund manager EPFO are likely to get 8.5 per cent interest on their deposits in the current fiscal.
The EPFO on Friday deferred a decision on interest rate on provident fund deposits for 2010-11 following pressure from trade unions that want rates to be raised to 9.5-10.5 per cent from 8.5 per cent.
Retirement fund body EPFO will cut exposure in corporate bonds and park more funds in the secure government securities.
The decision would leave a surplus of Rs 15.26 crore.
To address readers' CAT-related queries, Vishal Gupta and Rakesh Singh, examination experts at TCYonline.com, chatted with readers on July 6. The transcript.
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The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
Khushroo Antia who will appear for CAT 2009 tells us why he'd rather choose a foreign university over a tier two B-school in India.
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The EPFO has about 5 crore (50 million) subscribers and the decision will have a bearing on their retirement fund.
Career Avenues compares the experiences of test-takers to zero in on the aspects of excellence CBT CAT will require.
Amit Saboo from Career Avenues tries to answer some of the key questions and suggests strategies for students taking the CAT.
Over 4.7 crore (47 million) employees are likely to get an interest of 8.5 per cent in 2010-11 on their provident fund deposits of about Rs 2.5 lakh crore (Rs 2.5 trillion), a return authorities have been giving for the past five years.
Since CBT-CAT may be held on more than one day, students get more options. Following this, if the IIMs allow, students may get more than one attempt in a year to crack the CAT.
A consensus eluded the Central Board of Trustees on the controversial issue of interest rates for 3 crore (30 million) provident fund subscribers amid indications that the board would take up the matter next month.
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.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
EPFO had started investing ETFs in August last year.
Trade unions' had demanded 8.9 per cent interest rate.
The failure of the government to decide on the interest rate for provident fund is likely to hit around two million subscribers.
The EPF Board on Saturday failed to clinch the contentious issue of interest rate for the current fiscal for its four crore subscribers and rejected finance ministry's proposal to invest 5 per cent of the EPF money in the equity market.
EPFO manages a corpus of over Rs 8.5 lakh crore and its subscribers' base is over five crore at present.
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
Following the footsteps of the Central Board of Direct Taxes, the Employees Provident Fund Organisation has entrusted the UTI Investor Services with the job of creating the required infrastructure for issuing its much-bragged social security number.
'EPFO's investments this financial year should be Rs 1 lakh crore'
The third crucial meeting of the EPF Board began in New Delhi to decide on the interest rate for its 3 crore subscribers for this year amidst some trade unions' demands for 12 per cent interest against 9.5 per cent offered during 2003-04.
The Central Board of Trustees of the EPFO will meet on Friday to decide on the setting up of separate agencies for recovery of arrears and audit, and the rollover of interest of the IFCI.
There has been demand to hike the PF interest rate to 8.90 per cent.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
The Union Labour Minister Sahib Singh Verma said on Friday that he would soon make public the names and other details of the major provident fund defaulters.
Empolyees Provident Fund, the Central Board of Trustees of EPF is likely to meet on May 31 to take a view on the rate to be paid for the current year.\n
Labour Minister Sahib Singh Verma said on Monday that he will try to maintain the present interest rate of 9.5 per cent on Employees Provident Fund for 2003-04.
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