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Central Board of Trustees News
Central Board of Trustees
EPFO subscriber? Provident Fund may help you buy cheap home before 2019 polls!
Sat, Nov 17, 2018
Are you an Employees Provident Fund Organisation (EPFO) subscriber? Here's a good news for you. The EPFO has reportedly prepared a draft housing scheme for its subscribers.
All you need to know about EPF pension scheme
Wed, Feb 28, 2018
What is EPFO interest rate now? Every subscriber wants to know that number. Well, EPFO interest rate has fallen to 8.55 per cent.
EPFO interest rate: Know other retirement-related schemes of government
Tue, Feb 27, 2018
Recent introduction of the Universal Account Number (UAN) has made accessibility of the EPF account easier.
EPFO approves proposal to credit ETF units to PF accounts
Fri, Nov 24, 2017
Retirement fund body EPFO today approved a proposal for crediting exchange traded fund (ETF) units to provident fund accounts of its 4.5 crore members. Employees' Provident Fund Organisation (EPFO) subscribers would be able to see ETF units in their PF accounts by March- end next year.
EPFO approves hike in investment limit in ETFs to 15%
Sun, May 28, 2017
In a meeting of the Central Board of Trustees (CBT) held in Pune on Saturday, Union Labour Minister Bandaru Dattatreya said that the Employees' Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds (ETFs) to 15%, from the existing 10%.
EPFO: Central Board of Trustees rejects proposal to reduce PF contribution to 10%
Sun, May 28, 2017
The Central Board of Trustees (CBT), a retirement fund body of EPFO, has turned down the proposal to reduce the mandatory provident fund (PF) contributions from workers and employers from present 12% to 10% in a meeting held in Pune on Saturday.
EPFO trustees likely to raise ETF investments to 15% on May 27
Sun, May 14, 2017
The trustees of retirement fund body EPFO are likely to raise the investment limit in exchange traded funds (ETFs) to 15% of the investible deposits, from 10% at present in the current fiscal.
EPFO to provide 8.65% interest on EPF for FY17: Bandaru Dattatreya
Thu, Apr 13, 2017
Labour Minister Bandaru Dattatreya said on Thursday that EPFO has decided to provide 8.65% interest rate on provident fund (PF) deposits for the financial year 2016-17 (FY17).
Bluechip PSUs eye EPFO funds
Tue, Jan 10, 2017
"As of now, about seven PSUs came forward to take investments from us (EPFO). We received a communication from the Ministry of Finance to increase our investments in PSUs. The return may be higher than what we are getting now," said Labour Minister.
Retirement fund body EPFO likely to retain 8.8% interest on EPF for FY17
Sun, Dec 18, 2016
Retirement fund body EPFO is likely to retain 8.8% rate of interest on EPF deposits for the current fiscal for its over four crore subscribers -- same as 2015-16 -- at its trustees meeting on December 19, Monday.
EPFO invests Rs 9,723-crore in ETFs, earns 9.17% absolute return
Mon, Nov 28, 2016
Retirement fund body EPFO has invested Rs 9,723 crore in exchange traded funds (ETFs) till October this year while absolute return on these investments was 9.17%, Parliament was informed on Monday.
EPFO to invest Rs 13,000 crore in ETFs in FY17: Bandaru Dattatreya
Thu, Sep 29, 2016
Brushing aside strong opposition from the unions, Labour Ministry on Thursday doubled EPFO's investment limit in ETFs to 10% that will result in Rs 13,000 crore of the retirement fund body flowing into stock markets in the current fiscal.