GPF interest rate raised to 8.8 percent

said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year....

PAC havaldar arrested with Rs 23 lakh of GPF amount in Rae Bareli

Havaldar of the 25th Battallion PAC Rae Bareli was arrested last night after he tried to escape with Rs 23 lakhs of General Provident Fund(GPF) here...

EPFO needs restructuring, not changes

EPFO (Employee’s Provident Fund Organisation), established in 1952, with the responsibilities for provident fund and pension services, is reportedly considering amendments to its...

CBI case against 9 Provident Fund officials, nation-wide raids

today registered a case against 9 then officials of Central Provident Fund and Employees Provident Fund Organisation (EPFO) and conducted nation-wide raids into Rs 169 crore...

Industries should contribute regularly towards PF

Industries should contribute regularly to employees provident funds (PF) since only about 24 percent of the working population has PF accounts, the additional central provident fund commissioner said here...

Allowances as part of EPF to hit net salary

high courts — Madhya Pradesh and Madras — have recently passed rulings covering various allowances like conveyance allowance and special allowance as part of basic wages for calculation of Employees’ Provident Fund contributions. Under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (EPF Act), employer and employer’s contribution to provident fund is calculated on basic wages,...

GPF interest rate raised to 8.8 percent

government Thursday said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year."The government of India has revised the interest rates for the financial year 2012-13 in respect of state provident funds and special deposit schemes for non-government provident, superannuation and gratuity funds from 8.6 percent to 8.8 percent...

GPF interest rate raised to 8.8 percent

said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year."The government of India has revised the interest rates for the financial year 2012-13 in respect of state provident funds and special deposit schemes for non-government provident, superannuation and gratuity funds from 8.6 percent to 8.8 percent with effect from...

Cabinet nod to revised interest rates on PF

state cabinet on Friday gave its sanction to the decision of the government to revise interest rates paid on provident fund (PF) deposits of its employees for the 2011-12 and 2012-13 financial years.Cabinet secretariat department principal secretary Ravi Kant said the revised interest rates would cover both the general provident fund amount and contributory provident fund deposits of the government...

Awareness programme held for Employees Provident Fund officers

regional provident fund commissioner on Monday made the employee provident fund officers (EPFOs) of 80 industries in the state at the Bihar Industries Association (BIA) aware of the method of filing online challans and remittance of employers' contribution towards Employees Provident Fund (EPF).Regional provident fund commissioner-II Rajesh Pandey gave power-point presentation on the newly introduced...