Diabytes
Employees Provident Funds News
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Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes.
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Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes, Parliament was informed on Wednesday.
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Investors in the Employees Provident Fund Organisation's finance panel has recommended raising the interest rate on statutory savings of subscribers at 8.95% for 2015-16.
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Retirement fund body EPFO today notified an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952.
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