News for 'Provident Fund Organisation'

How To File EPFO Nomination

How To File EPFO Nomination

Rediff.com2 days ago

Members should review their nomination after marriage, childbirth, or other changes in family circumstances. They can file a fresh e-signed nomination to replace an earlier one.

EPFO wage ceiling hiked to Rs 25,000, to benefit 51 lakh workers

EPFO wage ceiling hiked to Rs 25,000, to benefit 51 lakh workers

Rediff.com16 Sep 2026

The Union Cabinet has approved a significant increase in the mandatory EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month, a move expected to bring over 51 lakh additional employees under mandatory social security coverage.

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Rediff.com16 Jul 2026

Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.

ED searches Jaisalmer premises over Belgian funds, proselytisation

ED searches Jaisalmer premises over Belgian funds, proselytisation

Rediff.com22 Sep 2026

The Enforcement Directorate (ED) conducted searches in Jaisalmer, Rajasthan, investigating the alleged misuse of Rs 5.10 crore in foreign donations from a non-FCRA registered Belgian entity for proselytisation activities. Two local residents are accused of receiving funds without proper registration, disguising them as educational or cultural services, and using them to influence vulnerable communities.

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.

EPF Ceiling Hike: Who Pays More?

EPF Ceiling Hike: Who Pays More?

Rediff.com22 Sep 2026

EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.

CBI Registers Case Against RCAP, Anil Ambani In Rs 2,684 Crore LIC Fraud

CBI Registers Case Against RCAP, Anil Ambani In Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC). Anil Ambani has denied any wrongdoing. The LIC alleges criminal conspiracy, misrepresentation, and fraudulent diversion of funds.

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

Rediff.com9 Jul 2026

The Employees' Provident Fund Organisation (EPFO) is set to credit the 8.25 per cent interest on provident funds for FY26 to 34 crore member accounts by July 15, enabled by its new centralised IT system (CITES). This upgrade promises enhanced operational efficiency, transparent services, and easier access to PF details and claims for members.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

Why EPFO Mandated 25% PF Balance

Why EPFO Mandated 25% PF Balance

Rediff.com17 Jul 2026

EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.

Provident fund faces exit tax

Provident fund faces exit tax

Rediff.com5 Jul 2004

Benefits of Employees' Provident Fund explained

Benefits of Employees' Provident Fund explained

Rediff.com8 Apr 2011

Every month your salary slip features a deduction towards your Provident Fund (also known as Employees Provident Fund or EPF in short). How often have you wondered if such a contribution is actually beneficial to you and if it is actually needed? What if you quit or switch over jobs? Here's explaining the benefits EPF carries and why one should pay attention to this contribution.

0.1% of Kumbh funds could have saved for...: SC judge

0.1% of Kumbh funds could have saved for...: SC judge

Rediff.com25 Aug 2026

Supreme Court Justice Prasanna Varale has voiced serious concerns over the closure of Marathi-medium schools, inadequate facilities in Ashram schools, and insufficient growth in Maharashtra's education budget, suggesting that greater spending could have prevented these shutdowns.

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Rediff.com18 Jun 2026

The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.

Key Bishnoi aide held at Delhi airport after deportation from Canada

Key Bishnoi aide held at Delhi airport after deportation from Canada

Rediff.com15 Sep 2026

Punjab Police's Anti-Gangster Task Force has arrested Karamveer Singh, a close associate of jailed gangster Lawrence Bishnoi, at Delhi's IGI Airport after his deportation from Canada. Singh is accused of providing logistical support to Anmol Bishnoi, Lawrence's younger brother, and has a history of serious crimes. This arrest is considered a significant step against transnational organised crime, following another recent extradition from Moldova.

How to build a portfolio that saves tax, manages risk, and still grows?

How to build a portfolio that saves tax, manages risk, and still grows?

Rediff.com22 Sep 2026

Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"

Provident fund rate may drop to 9%

Provident fund rate may drop to 9%

Rediff.com9 Mar 2004

The over 3.2 crore subscribers to the provident fund may get a lower 9 per cent interest from April instead of the prevailing rate of 9.5 per cent.

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

Rediff.com12 Aug 2026

The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

Rediff.com6 Aug 2026

Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.

How EPFO's UPI Integration Will Benefit Subscribers

How EPFO's UPI Integration Will Benefit Subscribers

Rediff.com19 May 2026

The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.

Provident fund deposits to get 8.5% interest in 20-21

Provident fund deposits to get 8.5% interest in 20-21

Rediff.com4 Mar 2021

The Employees' Provident Fund Organisation's (EPFO) apex decision-making body, Central Board of Trustees, decided to fix 8.5 per cent rate of interest for 2020-21 at its meeting in Srinagar on Thursday, sources said.

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Rediff.com23 Jul 2026

India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.

FM Sitharaman Confident Of India's Double-Digit Economic Growth

FM Sitharaman Confident Of India's Double-Digit Economic Growth

Rediff.com4 days ago

Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

Provident Fund interest rate to be 8.5%

Provident Fund interest rate to be 8.5%

Rediff.com4 Jul 2009

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.

Ganpati Pandal Insurance Demand Surges

Ganpati Pandal Insurance Demand Surges

Rediff.com7 Sep 2026

Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com29 Aug 2026

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

'ISRO's Successes Must Not Be Privatised'

'ISRO's Successes Must Not Be Privatised'

Rediff.com17 Sep 2026

Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.

How To Prevent Deaths By Suicide At IITs

How To Prevent Deaths By Suicide At IITs

Rediff.com23 Sep 2026

171 IIT student deaths by suicide or other unnatural causes have been recorded between January 2006 and September 2026. Of these, 120 were recorded between 2016 and September 2026, compared with 51 in the preceding decade.

UP teen nabbed in TN's Coimbatore over AQIS-linked terror conspiracy

UP teen nabbed in TN's Coimbatore over AQIS-linked terror conspiracy

Rediff.com17 Sep 2026

The Uttar Pradesh Anti-Terrorism Squad (ATS) has arrested 19-year-old Maqsood Ali from Tamil Nadu for his alleged involvement in a conspiracy to carry out "violent jihadist activities." Ali was reportedly part of WhatsApp groups sharing bomb-making videos and Al Qaeda in the Indian Subcontinent (AQIS) material, and was in contact with Pakistani hackers, developing a secure communication network for the group. This is the second arrest in the case, following Mohammad Nabeel's apprehension.

New EPF Rules Every Employee Must Know

New EPF Rules Every Employee Must Know

Rediff.com22 Jul 2026

The EPF should remain a retirement nest egg, not be turned into an emergency fund.

Parelcha Raja's Tribute to Lord Vitthal

Parelcha Raja's Tribute to Lord Vitthal

Rediff.com15 Sep 2026

For its 80th year, Mumbai's Parelcha Raja Narepark pays tribute to Maharashtra's Warkari tradition of worshipping Lord Vitthal with a towering 23 feet Ganesha idol, for which water was brought in from Pandharpur's Chandrabhaga river.

ISRO Staff Step Up Privatisation Protest

ISRO Staff Step Up Privatisation Protest

Rediff.com15 Sep 2026

The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com23 Jun 2026

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com29 Jun 2026

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

'Ganeshotsav Is No Longer The Same'

'Ganeshotsav Is No Longer The Same'

Rediff.com16 Sep 2026

'Earlier, Ganeshotsav was social. Now it is all about social media.'

US India Space Partnership: A New Era Of Co-Creation

US India Space Partnership: A New Era Of Co-Creation

Rediff.com7 Sep 2026

US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.

Unions oppose tax on provident fund withdrawals

Unions oppose tax on provident fund withdrawals

Rediff.com2 Mar 2016

'They (government) are trying to create market for pension products'.