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Provident funds News

State Bank of India

26 Jun 2024

SBI Raises Rs 10,000 Crore Through Infrastructure Bonds: Details Here

The investors were across provident funds, pension funds, insurance companies, mutual funds, corporates etc.

27 Mar 2021

Good news for Sarkari babus! Here’s how new PF rules affect them

The interest on contribution to Provident Fund for up to Rs 5 lakh per annum will be tax-free. Earlier, the limit was Rs 2.5 lakh which was introduced in the Finance Bill proposal. However, finance minister Nirmala Sitharaman doubled the limit where there was no employer contribution.

21 Feb 2018

Will EPFO retain 8.65% interest on provident fund for 2017-18? Decision likely today

The EPFO had announced this rate on deposits for 2016-17, a tad lower than 8.8 percent in 2015- 16.

12 Feb 2018

EPFO may retain 8.65% interest rate for FY18: Sources

The EPFO had announced 8.65% rate of interest on deposits for FY17, a tad lower than 8.8% in FY16.

13 Jun 2017

Private PF trusts can't invest funds in own entities: EPFO

Retirement fund body EPFO has asked its field offices to ensure that the firms running private PF trusts are not investing the accumulated provident funds of employees in their own arms and entities.

08 Mar 2017

No tax on fund transfer from PF to NPS: All you need to know

The Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said funds transferred from Provident Fund account to National Pension System (NPS) account will not attract any tax.

19 Aug 2015

EPFO may fix interest rate on PF deposits for FY16 early Sept

Retirement fund body EPFO is likely to take a decision early next month on interest rate on PF deposits of its over six crore subscribers for 2015-16.

21 Oct 2014

Foreign employees to get PF money in their own countries

Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries.

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