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Central Board of Trustees (CBT) News
Central Board of Trustees (CBT)
At 8.65%, investing in EPF a better option than fixed deposits
Wed, Apr 19, 2017
EPF and tax-saving fixed deposits both earn a tax break of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Finance Ministry okays 8.65% interest on EPF
Sun, Apr 16, 2017
According to EPFO estimates, the fund will see a surplus after providing 8.65% interest rate for the last fiscal.
Lowest in seven years: EPFO fixes interest rate at 8.65%
Mon, Dec 19, 2016
The Labour Ministry wanted to retain 8.8% for the current fiscal as well.
EPFO subscribers may get 8.6% interest in 2016-17
Mon, Sep 12, 2016
Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 % on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.
EPFO members to get cheaper home loans
Wed, Aug 17, 2016
Retirement fund body, EPFO stated that its members will soon be able to mortgages their Provident Fund (PF) accounts for home loans. Employees Provident Fund Organisation (EPFO) expects to garner more returns through investment in home loans.
Good news for pension holders! EPFO may hike minimum pension by 20%
Tue, Jun 28, 2016
Minimum pension likely to be raised to Rs 1,250, the report added.
Trade unions to hold day-long protest today on lowering of EPF interest rate
Fri, Apr 29, 2016
The trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) will join the protest.
Finance Ministry defends lower EPF rate, cites lower earnings of EPFO
Wed, Apr 27, 2016
A Finance Ministry source said the decision was based on "pure arithmetic calculation" and is aimed at ensuring sustainability of the EPFO.