Page 7 - Provident Fund

It's a better option to take advance EPF than a loan during tough times

The usual advice is that one should not withdraw from their EPF account because it hurts the retirement corpus

Covid-19 impact: NLC, TCS employees top EPF advance withdrawal list

The top firms which saw the highest amount of applications for EPF advance withdrawal were TCS (9,373 employees), HCL Technologies (6,938) and NLC (3,255)

Is there insurance for job loss in India? Here's what expert says

Kartik Jhaveri answers all your financial planning queries

L&T moves Bombay HC to secure provident funds exposure to YES Bank

Infra giant has Rs 100 crore of exposure to bank's AT-1 bonds

EPFO cuts rate on employee provident fund to 7-year low of 8.5% for FY20

The EPFO had given an interest rate of 8.65% in the previous financial year to roughly 170 million subscribers

Explained: How concentrated index makes CPSE ETF risky for investors

Among the positives of the offer, the Nifty CPSE Index's valuations are more reasonable than that of front line indices

UP Police arrest two officials of brokerage firm SMC in Rs 4,122-cr PF scam

Enforcement Directorate is probing the money-laundering angle in the scam

Owners of bogus brokerage involved in Rs 4,122 cr DHFL case held in UP

With these two arrests, the number of accuses so far been arrested by the EOW has risen to 14, including three serving or suspended UPPCL officials

UP cops arrest owners of bogus brokerage involved in Rs 4,122 cr DHFL scam

Total arrests by EOW in the case have risen to 12

Seven held in connection with Rs 2,600-crore UP provident fund scam

Over Rs 2,600 crore of the state power employees' provident fund (PF) was reportedly invested in the scam-hit Dewan Housing Finance Corporation Limited (DHFL).

Why do banks remain afraid of dealing with trade unions?

An industry wage pact is a bizarre performance appraisal as the benchmark for such a pact is the paying capacity of the weakest of banks

Rs 4,000 crore PF scam: Yogi govt underwrites 'illegal' investment in DHFL

The state has started the process of disinvesting the PF corpus in LIC Housing Finance and PNB Housing Finance

Rs 4,100-crore EPF scam: UP power employees begin 48-hour work boycott

Yogi government warns workers against arson, disrupting power supply

UP provident fund scam: PF trusts bent rules to invest Rs 4,122 cr in DHFL

99% of corpus of UP power employees' PF trusts invested in DHFL, PNB Housing, and LIC Housing

Rs 4,100 cr UP PF scam: DHFL refers to HC order for stalled repayment

The company claims it had made provisions in cash flow for maturing fixed deposits

Didn't transfer power employees' PF to DHFL during the SP regime: Akhilesh

Akhilesh also demanded the resignation of Uttar Pradesh Chief Minister Yogi Adityanath

EPFO audit shows serious gaps in management of provident fund accounts

While the audit is still in progress, some of the reports have been submitted to the EPFO headquarters for necessary action

ETFs triple in 2 yrs on back of steady inflow from EPFO, provident funds

ETFs are traded on stock exchanges, with stocks, bonds or commodities as the underlying product. An ETF's portfolio exactly mimics the securities in its underlying index, in the same weightage

Govt wants to reduce PF contribution to increase take-home salary

The labour ministry has proposed to reduce the contribution of employer's contribution to Employee Provident Fund (EPFO) from 12 percent to 10 percent. The proposal which will be opposed by the trade unions, will come up for approval in the meeting of Central Board of Trustees meeting tomorrow.The move according to the labour ministry will improve the take home salary of an employee. But trade unions who are opposing the move termed it as an attack on the social security.According to the agenda paper of tomorrow's meeting The EPFO's central board of trustees will consider a proposal to lower "the rate of contribution to be paid by employer and equal contribution by employees from the present 12% to 10% by issue of appropriate order by the Central Government." The Employees' Provident Fund and Miscellaneous Provisions Act 1952 empower the Central government to lower the contribution rate towards EPFO schemes and the government intends to issue a notification to effect the change.The ...

You can shift back to EPF after porting to NPS

On rejoining, the subscriber will not be eligible for benefits accumulated in his previous tenure