EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangers
The appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.
EPFO recovers Rs 459 cr PF dues out of Rs 1,251 cr outstanding in 2018-19
The total backlog or outstanding provident fund dues of the EPFO during 2018-19 was Rs 791.63 crore.
Consultation on for increasing minimum pension: Gangwar to LS
Increase in minimum pension for employees affiliated to EPF to Rs 2000 will cost the govt Rs 4,671 cr and Rs 11696 cr if hiked to Rs 3000.
11.38 lakh jobs created in March in formal sector, shows ESIC data
As per ESIC's latest payroll data, around 1.48 crore jobs were generated in 2018-19 financial year.
Job creation up at 8.14 lakh in March: EPFO payroll data
Around 67.59 jobs were generated in the entire 2018-19 fiscal, according to EPFO payroll data.
Do new EPFO norms mean more pension?
The pension is calculated as the number of years in service multiplied by last drawn salary and divided by 70.
FinMin ratifies 8.65 per cent interest on EPF for 2018-19
Earlier in Feb, EPFO's apex decision making body Central Board of Trustees had decided to raise interest rate on EPF to 8.65 pc.
Job creation trebles in Feb at 8.61 lakh, according to EPFO payroll data
According to latest EPFO data, highest job creation was recorded in January 2019 at 8.94 lakh.
Amid fund crunch, EPFO shelves plan to double minimum pension
Govt has guaranteed a least benefits of Rs 3,000 per month for informal sector workers through PMSYM scheme.
8.96 lakh jobs created in Jan, 76.48 lakh in last 17 months: EPFO payroll data
The EPFO has been releasing payroll data from April 2018, covering the period starting September 2017.