Page 36 - Epfo

PF norms eased: Withdrawal allowed for housing, medical, education and marriage of children

The EPFO has brought in norms that exclude subscribers falling in certain categories

New EPFO norms on hold till Apr 30

The EPFO subscribers who are out of jobs for more than two months can file for full and final settlement of provident fund till month's end

EPFO to give interest on inoperative accounts

Investment cap on G-secs raised

EPFO to invest more in govt bonds, FinMin hikes limit to 65%

EPFO has been allowed to invest 5% in equity. Now out of remaining 95%, it can invest up to 65% in government securities

PF tax issue to be addressed during Budget discussion: Arun Jaitley

TMC leader Sudip Bandhyopadhyaya said the Budget proposal to tax the EPF has caused nation-wide concern

Finance minister Arun Jaitley hints at partial roll back of tax on EPF withdrawal

This is intended to incentivise people in the private sector to use provided fund as a kind of pension, said Jaitley

Finmin clarifies on EPF withdrawals

After an outrage and confusion over the budget proposal to tax employee provident fund (EPF) withdrawal, the ministry of finance clarified on Tuesday that 60% corpus will be taxed only if withdrawn in lump sum instead of being invested in annuity after maturity.

Why Arun Jaitley's move to tax EPF withdrawal is morally wrong

Rather than correcting a bad instrument like NPS, Jaitley and his team of experts preferred to make all pension plans equally bad

Pay interest on retained PF or give entire amount: Unions

Earlier this month, the EPFO tightened the norms for withdrawals of PF accumulations for its over five crore subscribers