Pf Accounts News

Money

Post retirement, interest earned on PF becomes taxable

During employment, employees typically rely on provident fund as their lifeline mainly to build their retirement corpusOn top of it, the tax-free status given to PF, makes it an attractive investment option

2 min read6 May 2019
Politics

Pension won’t be denied for want of Aadhaar, says EPFO

The move is aimed at ensuring that no retired government employee is deprived of pension for want of Aadhaar or failure of fingerprint authentication

2 min read11 Apr 2018
Politics

Why using EPFO data to show jobs growth in India can be misleading

Counting jobs growth in India from data extrapolated from EPFO may give a quick high but it has its own perils. Here are three reasons why

2 min read26 Jan 2018
Industry

Conduct special audit of PF trusts: parliamentary panel to labour ministry

The private trusts, regulated by the EPFO, maintain Provident Fund accounts and retirement savings and are required to invest these funds as per the investment pattern approved by the government

2 min read9 Apr 2017
Politics

Govt to allow EPF withdrawals to cover down payments on home loans

Govt plans to amend EPF scheme to allow EPFO subscribers to withdraw funds for also paying EMIs on home loans

3 min read15 Mar 2017
Industry

EPFO to seed Aadhaar in 81 million PF accounts by 31 December

The labour ministry has directed the EPFO to finish Aadhaar seeding on all EPF accounts in a time-bound manner

3 min read29 Nov 2016
Industry

PF rules change in the works, much to the relief for 10 crore employees

Labour minister Bandaru Dattatreya said EPFO officials have identified that about Rs42,000 crore is now lying in 'inoperative PF accounts' across the country

1 min read1 Nov 2016
Politics

Inoperative EPF accounts to earn interest from 1 April

Move will benefit more than 40 million holders of inoperative accounts; over Rs32,000 crore is parked in such accounts

3 min read30 Mar 2016

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