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04 Aug 2022

Do you find it hard to fall in Love? You might be suffering from Philophobia!

Philophobia is a fear of falling in love It can also be a fear of getting into a relationship or fear that you will not be able to maintain a relationship Therapy- Cognitive Behavioral Therapy- can help to cope up with the fear

20 Feb 2022

EPFO mulling new pension plan for employees getting over Rs 15K basic wage

The proposal on this new pension product could come up for discussion in the meeting of Central Board of Trustees. A sub-committee constituted by the CBT on pension related issues in November 2021 would also submit its report. The EPFO had amended the scheme in 2014 to cap monthly pensionable basic wages to Rs 15,000.

Finance Ministry

17 Apr 2017

PF deposits to fetch 8.65% interest for fiscal 2016-17

The Finance Ministry is believed to have permitted the Labour Ministry to go ahead with 8.65 percent rate of interest on employees' provident fund for 2016-17, which will benefit over four crore EPFO members.

13 Apr 2017

EPFO to provide 8.65% interest on EPF for FY'17: Bandaru Dattatreya

About 4 crore subscribers of EPFO will get 8.65 per cent interest on provident fund deposits for 2016-17, as decided by the organisation's trustees in December, Labour Minister Bandaru Dattatreya said on Thursday.

30 Mar 2017

EPFO defers decision to hike investments in ETFs to 15%

Retirement fund body EPFO's trustees on Thursday deferred the discussion on the proposal to increase investments in ETFs to 15 percent, from the current 10 percent of investible deposits, in 2017-18.

03 Mar 2017

Suffering from chronic pain? Reading a good book may help ease the pain

A new study has showed that reading a good book may not only be captivating but may also help people suffering with chronic pain.

14 Feb 2017

Labour Min, FinMin agree on 8.65% EPF interest: Dattatreya

Labour Minister Bandaru Dattatreya on Tuesday said 8.65 percent interest rate on EPF deposits for this fiscal will soon be ratified by the Finance Ministry and there is no difference of opinion on the issue.

26 May 2016

EPFO to hire consultant to draft housing scheme for members

Retirement fund body EPFO will hire a consultant to work out a low-cost housing scheme for its over 4 crore subscribers.

27 Mar 2016

EPFO to invest more in G-Secs for infra development:Dattatreya

Retirement fund body EPFO will park more funds in public sector bonds to boost government's infrastructure development programmes and continue to invest in equities, Union Labour Minister Bandaru Dattatreya said.

09 Sep 2015

EPFO panel approves raising insurance cover to Rs 5.5 lakh

Retirement fund body EPFO's panel on its pension and insurance schemes has approved a proposal to increase the maximum amount assured under the EDLI scheme to Rs 5.5 lakh from Rs 3.6 lakh.

08 Aug 2015

EPFO money in equities is long-term investment: Dattatreya

The state-run pension fund's Central Board of Trustees (CBT) would be asked to speed up the investment process, Union Minister of State for Labour Bandaru Dattatreya said here.

25 Feb 2015

EPFO likely to appoint fund managers, raise pension age next month

Retirement fund body EPFO is likely to appoint fund managers on March 11 for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.

19 Feb 2015

EPFO to raise pension age today, appoint fund managers

Retirement fund body EPFO is likely to appoint fund managers Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.

15 Feb 2015

Age limit under EPFO pension scheme may be raised to 60

At present, a formal sector worker covered under the EPS-95 can make contributions towards pension scheme till the age of 58 years and can claim pension after that.

23 Dec 2014

'Centre could reduce or waive off PF dues'

Government is proposing to amend Employees Provident Fund & Miscellaneous Provisions Act to enable the Centre to reduce or waive off mandatory provident fund contributions by employees in certain cases.

21 Dec 2014

EPFO expected to receive Rs 79K cr as contributions in 2014-15

Retirement fund body Employees Provident Fund Organisation (EPFO) has estimated over 14 percent increase in its incremental deposits this fiscal at Rs 79,377 crore.

18 Dec 2014

EPFO trustees to discuss investment in equity Friday

Recently, a section of EPFO had favoured investment in the equity of profit-making public sector blue chip companies.

08 Sep 2014

Finance Ministry may ratify 8.75% interest rate on EPFO next week

The Finance Ministry is likely to give its concurrence next week to retirement fund body EPFO's trustees' decision to provide 8.75 percent rate of interest on PF deposits to over five crore subscribers this fiscal.

26 Aug 2014

EPFO retains 8.75% interest on PF deposits for 2014-15

Retirement fund body EPFO's trustees on Tuesday decided to retain interest rate on provident fund at 8.75 percent for the current fiscal (2014-15).

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