EPFO investment News
The Employees' Provident Fund Organisation's (EPFO) has sought views from the Comptroller and Auditor General (CAG) in this regard.
India’s leading bourse National Stock Exchange of India (NSE) has taken steps for successful execution of Employee Provident Fund Organization’s (EPFO) historic steps to invest in capital market in India.
Labour Ministry will soon come out with guidelines on new investment pattern for equity and equity related schemes but is unlikely to fully accept the Finance Ministry's proposal in this regard.
EPFO has asked its field offices to focus on construction industry and services sector to increase the coverage of its social security net by 30 per cent following government's decision to enhance wage ceiling.
Retirement fund body EPFO's trustees are likely to defer Tuesday the decision on interest rate on PF deposits for 2014-15.
EPFO has sought approval of its apex decision making body the Central Board of Trustees (CBT) for the investment, as per the agenda of the trustees meet scheduled on August 26.
Retirement fund manager EPFO has sought approval of its trustees to invest more funds in government securities, particularly state development loans (SDL) as they offer better returns than corporate bonds.
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