Page 2 - Employees' Provident Fund Organisation

RCap liquidation or negotiation? CoC to meet on Tuesday to take a call

While Deloitte, the process advisor to RCap's administrator, is said to be rooting for liquidation, CoC advisor KPMG hopes to close deal and award the firm to highest bidder

Drop in share of advisory assets in PMS funds during past 12 months

Overall PMS assets have been on the rise amid buoyant markets

EPFO wage ceiling likely to be raised from Rs 15,000 per month to Rs 21,000

The ceiling was last revised in 2014 from Rs 6,500 per month to Rs 15,000 and is applicable only to enterprises that have more than 20 workers

EPFO aims to invest more in equity for younger members, expand horizon

At present, EPFO is allowed to invest between 5-15 per cent of its investible deposits in equity instruments irrespective of the age or risk profile of its members

EPFO looks to hire law firms to provide legal opinion, associated services

The approved law firms will be empanelled with the EPFO headquarters in New Delhi for an initial period of one year, which can be extended to three years

EPFO sees over 1 million new subscribers for fourth straight month

Though fresh additions slip sequentially in July, women enrolment at a record high

EPFO calls for increasing retirement age to ease pressure on pension funds

The EPFO has almost 60 million subscribers and it has a cumulative pension and provident fund corpus of more than Rs 12 trillion

EPFO e-Passbook: How to download, check balance and other details

The current EPF interest rate is 8.1%

Priority beyond returns

The EPFO should increase transparency

If you want higher returns, and are prepared for volatility, opt for NPS

But be ready for lock-in till the age of 60, volatility, mandatory annuitisation

Parliament passes 3 key labour reform bills amid boycott by oppn parties

Stormy Monsoon Session of Parliament comes to an end, eight days earlier

EPFO's West Delhi office processes 100% Covid claims worth Rs 140 cr

To support employers for availing benefits under the Pradhan Mantri Garib Kalyan Yojna (PMGKY), a special WhatsApp service has been provided for immediate education and assistance

States cannot increase working hours beyond 8: Govt to parliament panel

About nine states proposed to increase the working hours from eight to twelve by diluting the labour laws, but later rolled back the decision after facing flak from various stakeholders

Covid-19 impact: Companies facing cash crunch can delay EPF contribution

The EPFO said that companies are facing liquidity or cash crunch in paying their mandatory provident fund dues "even though they are retaining the employees on their rolls"

Progress of direct benefit transfer under PM Garib Kalyan Package

The government has so far transferred Rs 31,235 crore directly to either the bank account or employees' provident fund of 331.4 million people from the vulnerable sections of society

Covid-19: Govt tells companies to protect wages, not terminate workers

Companies may look to terminate the contract of workers 'on the pretext' of the Covid-19 or may force their employees to go on leave without pay

Cut in the offing? EPFO may cut interest rate to 8.5% for FY20, says report

EPFO was offering subscribers an interest of 8.65% in 2018-19

Rs 4,000-cr EPF scam: Adityanath govt removes UPPCL chairman Alok Kumar

EPF Scam: Adityanath govt removes Chairman of Power Corporation

EPF scam: UP economic offence wing turns heat on Union Agriculture Secy

What makes matters worse for the top Union government Secretary is the mounting pressure from thousands of state government employees and labour unions to initiate action

EPFO Assistant Result 2019 declared: Direct link to download phase-1 result

EPFO Assistant Result 2019 for phase-1 exam has been declared on epfindia.gov.in. Successful candidates will have to appear for the EPFO Assistant Main Exam next