News for 'Provident Fund Organisation'

'KTR didn't back me': K Kavitha quits BRS, MLC post

'KTR didn't back me': K Kavitha quits BRS, MLC post

Rediff.com3 Sep 2025

Kavitha, daughter of party founder and former Telangana Chief Minister K Chandrasekhar Rao (KCR), also announced quitting as Member of the Legislative Council and indicated there was 'pressure' on her father to act against her.

Employment increases 36% to 64.33 cr in last ten years: Mansukh Mandaviya

Employment increases 36% to 64.33 cr in last ten years: Mansukh Mandaviya

Rediff.com2 Jan 2025

Union labour minister Dr Mansukh Mandaviya on Thursday said employment in the country has increased by 36 per cent to 64.33 crore in 2023-24 from 47.15 crore in 2014-15, which shows improvement in job creation during NDA period.

Why Trump Wanted Nobel Peace Prize

Why Trump Wanted Nobel Peace Prize

Rediff.com13 Oct 2025

Look at any picture or video of Donald Trump and infer if that inspires any thought of peace. Does he represent peace or does he symbolise aggression? asks Biswajit Dasgupta.

Should You Invest In Large Cap Funds Now?

Should You Invest In Large Cap Funds Now?

Rediff.com24 Jan 2025

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.

Sikh Woman's Deportation Sparks Outrage

Sikh Woman's Deportation Sparks Outrage

Rediff.com26 Sep 2025

'This is so sad the way she was humiliated.' Harjit Kaur's deportation has drawn condemnation from civil rights organisations and the Sikh American community.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

Ladakh admin reacts to Wangchuk's wife's 'witch-hunt' claim

Ladakh admin reacts to Wangchuk's wife's 'witch-hunt' claim

Rediff.com1 Oct 2025

The administration appealed that the process of law should be allowed to take its own course and expressed confidence that "together we will bring back normalcy in the peace-loving Leh township and continue with our dialogue process".

Why Academic Freedom Isn't Absolute

Why Academic Freedom Isn't Absolute

Rediff.com27 Aug 2025

Confusing academic freedom with the right to free speech of an individual and expecting unconditional institutional support is not realistic. Academic freedom provides an opportunity for an academic to pursue their passion and contribute to the society through the outcome of their research and/or thought process, points out N Ravichandran.

35, No Savings: How You Can Save, Invest

35, No Savings: How You Can Save, Invest

Rediff.com29 Jul 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Kashmir's Unmarked Graves: The Stunning Truth!

Kashmir's Unmarked Graves: The Stunning Truth!

Rediff.com8 Sep 2025

As many as 2,493 graves were identified as belonging to foreign terrorists who were killed in counter-insurgency operations.
These individuals often lacked identification to conceal their networks and maintain Pakistan's plausible deniability.

Uneasy calm in Leh amid heavy police deployment; 50 detained

Uneasy calm in Leh amid heavy police deployment; 50 detained

Rediff.com25 Sep 2025

An uneasy calm prevails in Ladakh as authorities enforce a curfew following clashes between security forces and protesters demanding statehood and constitutional protections. The violence resulted in fatalities and injuries, prompting detentions and political reactions.

Key changes in the new Income Tax Bill

Key changes in the new Income Tax Bill

Rediff.com11 Aug 2025

The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all religious-cum-charitable trusts, as in the existing tax laws. The original Income Tax Bill, which was brought in Parliament in February, had done away with this exemption and the ITR filing flexibility for claiming TDS refunds.

Trump-Netanyahu announce Gaza peace plan, await Hamas nod

Trump-Netanyahu announce Gaza peace plan, await Hamas nod

Rediff.com30 Sep 2025

The peace plan included that Gaza will be a deradicalised, terror-free zone that does not pose a threat to its neighbours and will be redeveloped for the benefit of the people of Gaza. The peace plan stated that if both sides agree to this proposal, the war will immediately end. Israeli forces will withdraw to the agreed upon line to prepare for hostage release.

H1B Visa Hike: Come Back Home, Say Experts

H1B Visa Hike: Come Back Home, Say Experts

Rediff.com24 Sep 2025

'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Indian Youth Spend More Time on Work

Indian Youth Spend More Time on Work

Rediff.com7 Jun 2025

In 2019, out of the 1,440 minutes in a day, Indian youth spent 148 minutes on employment-related activities, which increased to 158 minutes in 2024.

'This will only increase panic between people and dogs'

'This will only increase panic between people and dogs'

Rediff.com12 Aug 2025

The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.

EPFO adds 13.41 lakh net members in Oct

EPFO adds 13.41 lakh net members in Oct

Rediff.com25 Dec 2024

Retirement fund body EPFO has registered 13.41 lakh net new members addition in October 2024, according to showed latest payroll data. This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO's effective outreach initiatives, a labour ministry statement said on Wednesday.

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Rediff.com19 Aug 2025

Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.

ETFs Vs Index Funds: Where To Invest?

ETFs Vs Index Funds: Where To Invest?

Rediff.com26 Sep 2023

Dwaipayan Bose highlights the similarities and contrasts between ETFs and Index Funds.

Minimum wage cap: EPFO mulls hike after 10 years

Minimum wage cap: EPFO mulls hike after 10 years

Rediff.com22 Apr 2024

The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly minimum wage ceiling from Rs 15,000 now to improve the coverage and bring millions of informal workers under its purview. The last increase in the minimum wage ceiling was in 2014 to Rs 15,000 from Rs 6,500.

Provide details of burnt properties, SC tells Manipur govt

Provide details of burnt properties, SC tells Manipur govt

Rediff.com9 Dec 2024

The top court asked the state government to spell out details of its actions taken against the culprits and the encroachers.

9 Vaishno Devi pilgrims among 13 killed in J-K rains, landslides

9 Vaishno Devi pilgrims among 13 killed in J-K rains, landslides

Rediff.com27 Aug 2025

Relentless heavy rain led to a landslide on the route to the Mata Vaishno Devi shrine atop the Trikuta hill on Tuesday afternoon, killing at least five people and injuring 14, officials said.

Explained: Trump's H1 Order Decoded

Explained: Trump's H1 Order Decoded

Rediff.com14 Oct 2025

A deep dive into Trump's new policy and what it means for Indian professionals and companies.

Day 3 of quota stir: Jarange threatens to give up water

Day 3 of quota stir: Jarange threatens to give up water

Rediff.com31 Aug 2025

Manoj Jarange's protest for Maratha quota at Mumbai's Azad Maidan enters its third day. Jarange is demanding 10% quota for Marathas and recognition as Kunbis. Maharashtra ministers suggest the community avail the existing EWS quota.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Decentralise judiciary to deliver justice at litigants' doorstep: CJI

Decentralise judiciary to deliver justice at litigants' doorstep: CJI

Rediff.com25 Jul 2025

CJI Gavai said that as head of the Judicial Infrastructure Committee he had prepared a model of setting up new taluka and district-level courts

EPFO logs nearly 20 lakh net new members in July

EPFO logs nearly 20 lakh net new members in July

Rediff.com23 Sep 2024

Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the labour ministry said on Monday. Union Labour Minister Mansukh Mandaviya said at a press conference that 10.52 lakh new or first-time workers subscribed to social security schemes run by Employees' Provident Fund Organisation (EPFO). The minister said almost 20 lakh net new members addition (19.94 lakh) was recorded in July this year.

Fresh formal hiring at seven-month high in April, shows EPFO data

Fresh formal hiring at seven-month high in April, shows EPFO data

Rediff.com22 Jun 2024

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Thursday. In April, the number of new monthly subscribers under the Employees' Provident Fund (EPF) sequentially increased by 18.77 per cent to 887,438 from 747,146 in March.

In debate over NPS and EPFO returns, one retirement fund edges ahead

In debate over NPS and EPFO returns, one retirement fund edges ahead

Rediff.com12 Jun 2023

If you work for 30 years, a two per cent difference in pension returns can reduce your final retirement nest egg by 40 per cent. The Rs 9-trillion National Pension System (NPS) seems to be delivering incrementally higher returns than the twice-as-large Employees' Provident Fund Organisation (EPFO), shows a Business Standard analysis of data over the last seven years for the two retirement fund bodies. An investor who put in Rs 100 in retirement savings seven years ago would have seen her NPS nest egg grow to Rs 182 by 2023, according to the analysis based on the Pension Fund Regulatory and Development Authority's recently released Handbook of National Pension System Statistics 2023.

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Rediff.com9 Jan 2024

Mutual funds' equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase past Rs 1.7 trillion in 2023. The aggressive buying in December indicates that flows into equity funds are likely to have remained unaffected by the sharp run-up in the market last month. Mutual funds (MFs) bought equities worth Rs 23,000 crore last month (until December 28) compared to Rs 18,000 crore in November, shows data from the Securities and Exchange Board of India (Sebi).

Bumper kharif production to lower food inflation in coming months: FinMin

Bumper kharif production to lower food inflation in coming months: FinMin

Rediff.com26 Nov 2024

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.

Brisbane gets $2.2 billion govt boost for 2032 Olympics

Brisbane gets $2.2 billion govt boost for 2032 Olympics

Rediff.com3 Jul 2025

'We are ready to deliver a Brisbane 2032 games that will leave the same incredible legacy for Queensland.'

EPF interest rate fixed at 8.15% for FY 2022-23

EPF interest rate fixed at 8.15% for FY 2022-23

Rediff.com28 Mar 2023

Retirement fund body EPFO fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting on Tuesday. In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21. This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.

EPFO may provide housing to subscribers

EPFO may provide housing to subscribers

Rediff.com14 Jan 2014

Besides managing retirement funds, EPFO may come out with a scheme to provide housing to its over 5 crore (50 million) subscribers on additional contribution of 10 per cent by them from their basic wages every month.

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

Hizb chief's jailed sons move Delhi HC to restore phone calls

Hizb chief's jailed sons move Delhi HC to restore phone calls

Rediff.com9 May 2025

The sons of Hizb-ul-Mujahideen chief Syed Salahuddin, Syed Ahmad Shakeel and Syed Shahid Yusuf, have challenged a rule in the Delhi Prison Rules that bars those accused of offences against the state, terrorist activities, and other heinous crimes from using telephonic and electronic communication facilities. The two prisoners, currently lodged in different Delhi jails, are seeking restoration of their phone call facilities, alleging that the restrictions are arbitrary and unreasonable. The Delhi High Court has posted the matter for further hearing on May 22.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

Malegaon blast case: 14 arrested, only 7 faced trial

Malegaon blast case: 14 arrested, only 7 faced trial

Rediff.com31 Jul 2025

Here's the list of the seven accused who faced trial in the 2008 Malegaon blast case.