Emplyoees in the formal sector workforce from March 2013 unwards will have to get a Unique ID number before they can enroll with the Employees’ Provident Fund. It will be used to issue individual account numbers to its members, independent of employers. “The Aadhaar platform can be leveraged to improve the services of EPFO by [...]
Posts Tagged ‘Epfo’
Aadhaar must for PF account from March 2013
January 26th, 2013 
Ziaulla Namani 
Posted in india, News 
Tags: Account Members, Account Numbers, Anil, Authorities, Central Provident Fund, Contact, Contractual Employment, Customer Credentials, Employees Provident Fund, Epfo, Formal Sector, Industrial Areas, Kyc, Lakh, Local Authorities, migration, Missive, New Members, Provident Fund Commissioner, Service Delivery, Workforce 
Comments OffBPOs, KPOs under EPF web
February 11th, 2011 Malvika 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 [...]
Posted in News Tags: Act, Administrative Hassle, Applicability, Board Of Trustees, Cash Component, Compensation Packages, Economics Times, Emerging Industries, Employees Provident Fund, Epfo, Government Updates, Kpos, Labour Ministry, Pace, Proposal, Provisions, Specific Industries, Unnecessary Litigation Comments OffCome March 2012 and the PF A/c. details can be traced online
January 3rd, 2011 Malvika 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 [...]
Posted in Personal Finance Tags: C Details, C Number, Chaturvedi, Digitalization, Digitizing, Employees Provident Fund, Employees Provident Fund Organisation, Epfo, Fund Money, Inter, Job, Job Change, Labour Secretary, Lakh, Retirement Funds, Retirement Plans, Speedy, Subscriber, subscribers, Uid Number, Withdrawals Comments OffFM favours different norms for PF investments in stocks
November 21st, 2010 Malvika 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 [...]
Posted in News Tags: Crore Fund, Employees Provident Fund, Employees Provident Fund Organisation, Epf, Epfo, Finance Ministry, Government Securities, Gpf, Indian Government, Investment Pattern, Labour Ministry, Market Yields, Meena, Namo, Narain, Public Accounts, Public Sector Enterprises, Retirement Fund, Rs 2, Stock Markets Comments Off
