Tag: EPFO

Jefferies sees ‘greenshoots’ for Indian metal players, picks Tata Steel and Jindal Stainless as top bets for rebound

Stocks
Jefferies said the first signs of a turnaround are emerging for Indian carbon and stainless steel companies, and it’s betting big on Tata Steel and Jindal Stainless to ride the upswing, as the brokerage flagged...

Tata Motors looks to buy Italian truck maker Iveco; deal likely at $4.5 billion – set to be Tata group’s second biggest acquisition

Business
The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from...

Finance Ministry OKs 8.25% EPF interest rate

Economy
The government has ratified an interest rate of 8.25% on Employees’ Provident Fund (EPF) deposits for the financial year 2024-25, benefitting over 70...

Centre approves 8.25% interest rate on employees’ provident fund deposits for FY 2024–25

Business
The central government has approved an interest rate of 8.25 per cent on Employees' Provident Fund (EPF) deposits for the fiscal...

Govt ratifies interest rate of 8.25% on employees’ provident fund for FY25

Economy
The central government has approved an interest rate of 8.25 per cent on Employees' Provident Fund (EPF) deposits for the fiscal year 2024–25,...

EPFO to increase auto settlement limit to 5 lakhs for PF claims and allow UPI withdrawals

Business
The Employees Provident Fund Organisation (EPFO) has announced to increase in the auto-settlement of advance claims (ASAC) limit, raising it five...

Voluntary pension scheme for all on cards: Won’t be tied to employment, will be open for all

Economy
New Delhi: India is considering a Universal Pension Scheme that would be voluntary and contributory, aimed at providing social security to all, officials...

Formal sector jobs rebound in November

Economy
New Delhi: Net formal job creation under the Employees' Provident Fund Organisation (EPFO) recovered last November from the month before, with more than...

EPFO can initiate assessment proceedings during liquidation: NCLAT on companies under IBC

Economy
The insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, including the EPFO, once the liquidation...

EPFO Board will meet on November 23 to approve Central Pension Payment System

Economy
The central board of trustees of the Employees' Provident Fund Organisation (EPFO) will hold its first meeting of the current financial year on...

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