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EPFO decision on entering stock mkts likely by Dec 517-NOV-09
If the Finance and Investment Committee (FIC) of the Employees Provident Fund Organisation (EPFO), scheduled to meet here on December 1, takes a final call on investing a portion of its massive corpus in the capital markets, as much as Rs 13,000 crore could flow into equities.
50,000 jobless workers in Lanka to get doles03-AUG-09
The Sri Lankan government has decided to provide doles for over 50,000 of its workers who lost their jobs due to the global downturn.
Lower transaction cost, but no tax relief06-JUL-09
The new pension scheme (NPS) is unlikely to see a sharp improvement in investment in the coming months though transaction cost for fund managers is expected to come down.
Govt to expand skill development programme: Kharge29-MAY-09
Harish Rawat, the Congress MP from Haridwar also assumed charge today as the Minister of State for Labour and Employment along with the senior minister (Kharge).
EPFO to maintain 8.5% interest rate in 2009-1028-MAY-09
The Employees Provident Fund Organisation (EPFO) will continue to provide 8.5 per cent interest rate on provident fund to its 4.41 crore depositors during 2009-10, a senior government official said.
Attractive over the long term04-MAY-09
The New Pension Scheme (NPS) is one of the more ambitious programmes tried out by the government. If successful, it has the power to transform India’s savings habits. Millions of Indians who, today, don’t have a long-term flexible savings option will now have one, irrespective of where they live and where they are employed.
'The more subscribers the better'22-MAR-09
K Chandramouli, commissioner, Employees Provident Fund (EPF), tells SREELATHA MENON that expansion of the fund will make it sustainable.
EPFO to retain 8.5% interest rate23-FEB-09
The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) today decided to retain the previous year’s interest rate of 8.5 per cent for the current fiscal.
Satyam to restate its books by the end of March16-FEB-09
Satyam Computer Services Ltd is looking to restate its financial results for the third quarter-ended December 31, 2008 sometime in March this year. “We are looking at restating accounts for the quarter-ending December 31 by the end of March this year. Our auditors are working towards this end,” a Satyam spokesperson said at the weekend.
Subhiksha defaults on PF dues, property may be attached12-FEB-09
Contractors’ books will also be scrutinised.
SBI asked to pay interest on idle PF money02-JAN-09
The Employees Provident Fund Organisation (EPFO) is pressing State Bank of India (SBI), one of the four retirement fund managers, to comply with a clause that provides for a penalty for keeping money
Orissa units seek job linked subsidy06-OCT-08
The micro, small and medium enterprises (MSMEs) in Orissa have requested the state government to introduce an employment generation-linked subsidy scheme in line with the scheme adopted by
Labour ministry wants better returns on PF18-SEP-08
Over 40 million Employees Provident Fund Organisation (EPFO) subscribers can look forward to a higher rate of interest on their provident fund (PF) deposits for the fiscal 2008-09 with the labour
Sunil Jain: Insuring pensions08-SEP-08
One of the reasons why the government is so keen to break the Employees Provident Fund Organisation (EPFO) monopoly over retirement savings is that there is a belief millions of ordinary Indians are
Sunil Jain: Retire your savings30-JUN-08

This Saturday will be critical for India's 400-million-strong workforce, which is desperately trying to put together a retirement plan to fund even a very small part of its post-retirement needs.

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