Finance Ministry approves 8.65% interest rate on EPF for 2016-17
The Employees' Provident Fund Organisation trustees had approved 8.65 percent rate on EPF in December last year.
Apr 20, 2017, 13:53 PM IST
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.
Apr 16, 2017, 11:26 AM IST
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.
Apr 13, 2017, 17:33 PM IST
EPFO defers decision on hike in ETF investments
The board of retirement fund body EPFO on Wednesday deferred the proposal to raise investment in stock market to 15 per cent of its investible deposits from current 10 percent.
Apr 12, 2017, 23:55 PM IST
EPFO may invest up to 15% of investable amount in equity markets
Buoyed by the surging stock markets, the Employees Provident Fund Organisation (EPFO) may propose to invest up to 15 per cent of its investable amount in equity markets during the next fiscal, Union Labour Minister Bandaru Dattatreya said.
Mar 19, 2017, 13:08 PM IST
You can withdraw up to 90% of EPF fund to buy home: Key points
Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes.
Mar 16, 2017, 09:06 AM IST
Govt to amend EPF scheme to enable members buy homes
Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes, Parliament was informed on Wednesday.
Mar 15, 2017, 17:02 PM IST
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.
Feb 14, 2017, 18:58 PM IST
Posts offices can do employment registration, issue digital life certificates
Post offices will now provide services such as employment registration centres for rural youth through National Career Services portal and will also be authorised to issue Aadhar-linked digital life certificates to EPFO pensioners.
Feb 12, 2017, 18:54 PM IST
Employment opportunities to 1 crore youth by 2020: Bandaru Dattatreya
The government has set a target to create employment opportunities to one crore youth by 2020 through a skill development scheme under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Union Minister of State for Labour and Employment Bandaru Dattatreya said on Saturday.
Jan 22, 2017, 00:24 AM IST
Interest on PF slashed to 8.65%: Key facts you should know
Retirement fund body EPFO on Monday slashed interest on deposits to a four-year low.
Dec 20, 2016, 02:55 AM IST
Watch : Labour minister Bandaru Dattatreya on cash management after note ban
Labour minister Bandaru Dattatreya on cash management after note ban. Watch complete news story of News 360 for getting detailed updates!
Dec 01, 2016, 13:15 PM IST
Labour Minister urges Finance Ministry for more mobile ATMs for workforce
Union Minister of State for Labour and Employment Bandaru Dattatreya on Friday urged the Finance Ministry to deploy more mobile ATMs in labour areas to help the cash-strapped workforce.
Nov 18, 2016, 23:29 PM IST
EPFO to pay 8.8% interest to 'inoperative' PF accounts
The government is all set to issue a notification authorising retirement fund body EPFO to pay 8.8 percent interest to "inoperative" accounts, Union Labour Minister Bandaru Dattatreya said Monday.
Oct 31, 2016, 18:45 PM IST
Health insurance for all: Domestic workers to be brought under ESIC fold
As part of its vision to provide health insurance for all, the government will bring domestic workers under the ESIC fold and soon launch pilot projects in Delhi and Hyderabad in this regard, Union Labour Minister Bandaru Dattatreya said.
Oct 29, 2016, 19:57 PM IST
ESIC to extend services in unorganised sector as well: Bandaru Dattatreya
The Employees State Insurance Corporation (ESIC) will extend its health services to 20 crore workers in organised as well as unorganised sectors in 3 to 4 years, Union Labour Minister Bandaru Dattatreya said on Monday.
Oct 10, 2016, 18:35 PM IST
Rohith Vemula committed suicide due to `personal frustration` not discrimination: Probe report
An inquiry found out that Rohith Vemula's mother “branded” herself as Dalit to avail the benefits of reservation.
Oct 06, 2016, 10:49 AM IST
Pledging PF to buy low cost homes to be reality next year
Over four crore subscribers of the retirement fund body EPFO would be able to pledge their provident fund to buy houses and use their accounts to pay equated monthly instalments (EMIs) from next fiscal.
Oct 02, 2016, 13:32 PM IST
Govt raises minimum wage, announces bonus to avert September 2 strike
The government has agreed to hike the minimum wage at Rs 350 a day for non-agricultural workers against Rs 246 now.
Aug 30, 2016, 16:23 PM IST
Labour Unions adamant on Sept 2 strike; Datatterya, Goyal hold meeting
Senior Union ministers on Saturday held extensive talks after trade unions said no to the government's request to call off their proposed nationwide general strike on September 2.
Aug 27, 2016, 20:37 PM IST
