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Employees Provident Fund Organisation Of India

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CBI chargesheets 10 in Provident Fund scam

The Central Bureau of Investigation has filed a chargesheet against ten persons, including two employees of the Employees Provident Fund Organisation, accusing them of defrauding EPFO of......

Aadhaar not valid as proof of date of birth, says EPFO

Retirement fund body Employees' Provident Fund Organisation has said it will no longer use Aadhaar as a valid document for proof of date of birth. Image used for representational purpose......

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. IMAGE: Prime Minister......

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive......

Bumper kharif production to lower food inflation in coming months: FinMin

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country’s inflation outlook benign, the Union Ministry of Finance (FinMin) said in......

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Illustration: Dominic......

Unions oppose tax on provident fund withdrawals

  Rejecting government's contention that proposed tax on EPF withdrawals was aimed at moving towards pensioned society, trade unions today said retirement fund body Employers’ Provident......

Provident fund interest rate hiked to 8.8%

Union Labour Minister Bandaru Dattatreya said the hike is an 'interim one' and indicated that it could be further revised later. The employees' provident fund will earn a higher interest rate of......

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