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EPFO decision on entering stock mkts likely by Dec 518-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.
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.
EPFO proposes salary cap rise to Rs 10,00007-NOV-09
It has also proposed covering companies with a minimum of 10 employees under the Employee Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952, against the present norm of a minimum of 20 employees.
Tata Sons seeks EPFO exemption06-NOV-09
Tata Sons, the holding company of all the key companies within the Tata Group, has applied to the Employee Provident Fund Organisation (EPFO) to be exempted from the regulation of the Employee Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952. Another group company, Tata Services, and a host of philanthropic trusts of the Group, like the Dorabji Tata Trust, Sir Ratan Tata Trust, Lady Tata Memorial Trust, and JN Tata Endowment for Higher Education of Indians, have also
EPFO seeks approval for higher equity exposure29-OCT-09
The Employees Provident Fund Organisation (EPFO) will be seeking approval from its apex decision-making body, the Central Board of Trustees (CBT), to implement a finance ministry order to invest up to 15 per cent of the fund in equity.
EPFO meeting to decide on investing funds in stocks postponed22-OCT-09
The meeting of the EPFO's key advisory body Finance and Investment Committee (FIC) to take a call on investing funds in stock market scheduled for October 24 has been postponed.
Sugar bags to pay for EPF19-OCT-09
The Supreme Court (SC) ruled last week, the sugar bags pledged by mills in favour of a bank as security for repaying loans with interest could be attached and sold for realisation of employees’ provident fund (EPF) dues of the mills. In the Maharashtra State Coop Bank Ltd vs Assistant Provident Fund Commissioner, the bank advanced loans during the season to Kannad Sahakari Sakhar Karkhana Ltd and Gangapur Sahakari Sakhar Karkhana Ltd. For repaying the loan and interest, the mills pledged their stocks. When they failed to contribute to the EPF, the commissioner attached the sugar bags, auctioned and deposited the amount in the EPF. The bank challenged the action.
'Made in India' dominates US AIDS scheme16-OCT-09
Indian drug companies have cornered an overwhelming majority of drug approvals under the US President's Emergency Plan for AIDS Relief (Pepfar).
Decision on investing EPFO funds in stock market deferred09-OCT-09
The Finance and Investment Committee, the key advisory body of the Employees’ Provident Fund Organisation (EPFO), today deferred a decision on investing EPFO funds in the stock market.
Decision on investing EPFO funds in stock market deferred08-OCT-09
The Finance and Investment Committee, the key advisory body of the Employees' Provident Fund Organisation (EPFO), today deferred a decision on investing EPFO funds in the stock market.
EPFO panel to discuss 'stock market investment plan'07-OCT-09
The Employees Provident Fund Organisation's (EPFO) key advisory body, Finance and Investment Committee (FIC), will meet here tomorrow to firm up a view on investing 3 to 5 per cent of its corpus in equity that could result in Rs 13,000 crore flowing into the capital market.
For a young achiever04-OCT-09
I am 30 years old and want to plan systematically to reach goals on schedule. I am married and the father of a four-month son.
Trade unions to oppose investment of PF funds in stock mkt02-OCT-09
Trade union representatives today said they will strongly oppose the proposal allowing EPFO to park part of its fund in the capital market when the issue comes up for final decision at key advisory body Finance and Investment Committee next week.
EPFO panel to meet in Oct on parking money in stock mkt29-SEP-09
The Employees Provident Fund Organisation’s key advisory body, Finance and Investment Committee (FIC), would meet next month to take a view on parking 3 to 5 per cent of its large corpus of Rs 2.57 lakh crore in the capital market.
EPFO panel to meet in Oct on investing in stocks28-SEP-09
The Employees Provident Fund Organisation's key advisory body, Finance and Investment Committee, would meet next month to take a view on parking 3 to 5 per cent of its large corpus of Rs 2.57 lakh crore in the capital market.
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