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Posts Tagged ‘Epfo’

BPOs, KPOs under EPF web

As per the report ion Economics Times, the labour ministry is tightening the employee’s provident fund rules to make sure that no industry be it BPOs and KPOs, are able to escape coverage. The ministry has proposed that the Employees Provident Fund and Miscellaneous Provisions Act, 1952, be amended to delete the schedule of industries […]

Come March 2012 and the PF A/c. details can be traced online

As reported in PTI, the EPFO, who manages the retirement funds,  plans to replace PF account number with unique identification number, a move which will help in speedy transfer of a subscriber’ funds in case of job change and allow them to track their accounts online. Digitalization and use of UID as PF A/c number […]

FM favours different norms for PF investments in stocks

According to the PTI news, the Indian government is in favour of two contrasting norms for Employees’ Provident Fund (EPF) and Government Provident Fund (GPF) in stock markets. While it has ruled out investing any amount from Rs 83,000 crore corpus with GPF in the stock markets, the ministry is pitching for parking a part […]