Extension of PPF Scheme to private sector banks – Department of Posts

Department of Posts issued a detailed order including the list of private banks to authorize to transfer of Public Provident Fund accounts from Head Posts Offices to Nationalized Banks... SB ORDER No. 11/2014 F.No.32-01/2014-SB Government of India Ministry of Communications & lT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: … [Read more...]

Finance Ministry notification regarding revision of maximum limit of subscription in PPF accounts

Revision of maximum limit of subscription in a financial year of Public Provident Fund account shall be Rs.1,50,000 in place of Rs.1,00,000... No. F.No. 113-01/2011-SB Government of India Ministry of Communications & IT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: 21.08.2014 To All Heads of Circles/Regions Addl. Director General, APS, New … [Read more...]

Simplification of procedure on withdrawals from Provident Fund

Simplification of procedure on withdrawals from Provident Fund Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)III/2014/PF/3/3 NEW DELHI, Dated: 27.08.2014 The General Secretary, NFIR, 3, Chelmsford Road, New … [Read more...]

Provident Fund Interest Rate 8.75%

Provident Fund Interest Rate 8.75% for 2014-15 EPFO retains interest rate at 8.75% for current fiscal NEW DELHI: Retirement fund body EPFO's trustees on Tuesday decided to retain interest payment on provident fund deposits for 2014-15 at 8.75 per cent. "It has been decided to pay 8.75 per cent interest in the current fiscal," Central Provident Fund Commissioner (CPFC) … [Read more...]

Shri Narendra Singh Tomar Launches Online PF Code Allotment System

Shri Narendra Singh Tomar Launches Online PF Code Allotment System The Union Minister for Steel, Mines and Labour & Employment, Shri Narendra Singh Tomar has launched the online registration system for allotment of Provident Fund Code Number, which can be used by establishments in New Delhi today. On the occasion, he said that his Government was committed to provide … [Read more...]

Enhancement of salary limit of Employees Provident Fund

Enhancement of salary limit of Employees Provident Fund Enhancement of salary limit of Employees Provident Fund is considering to Rs.15000..! While answering to a question in Parliament, Minister of State for Labour and Employment Shri Kodikunnil Suresh said that A proposal for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 … [Read more...]

Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees-reg.

NFIR National Federation of Indian Railwaymen No.I/3/Pt.I Dated: 25/10/2013 The Secretary (E), Railway Board, NEW DELHI Dear Sir, Sub: Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees-reg. Ref: (i) Railway Board's letter No. F(E)/III 77 PFI/3 dated 27/5/1977. (ii) Rule 925 read with sub rule (3) (a) of RI. … [Read more...]

8.5 per cent on PF deposits expected, EPFO board meeting likely on October 4: Financial Express

8.5 per cent on PF deposits expected, EPFO board meeting likely on October 4: Financial Express The reconstituted EPFO's Central Board of Trustees (CBT), which has to take a call on interest rate on PF deposits for the current fiscal, is likely to hold its first meeting on October 4. The meeting of the CBT headed by the Labour Minister is likely to be called on October 4 for … [Read more...]

Enhancement in the rate of used Medical Allowance from Rs. 1200/- to Rs. 2000/- p.m. w.e.f 01.03.2013, payable to the serving as well as retired employees of the EPFO for outdoor medical treatment – regarding.

Employees’ Provident Fund Organisation (Ministry of Labour and Employment, Government of India) No. HRM-8/V/12/1/2003/FMA/Vol-117/6160 Dated 13 JUN 2013 To, All Addl. Central P F. Commissioner (Zones) Director (NATRSS) All RPFCs-In-Charge of the Region/ZTIs RPFC (ASDL), Head Office All Officer-in-charge of SROs Sub: Enhancement in the rate of … [Read more...]

Enhancement of age of Retirement in Kerala

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Enhancement of age of Retirement in Kerala Enhancement of age of retirement of Government Employees and Teachers - Closure of General Provident Fund Accounts. The Finance Department (Provident Fund) of Kerala Government has issued detailed instructions regarding the above matter on 30th May 2012 on its website. The Kerala Government have withdrawn the unification of the date … [Read more...]