by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
”There has been demand for higher pension on higher contributions among the members of the Employees’ Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic...
by AIP Online Bureau | Jan 30, 2022 | Indian News, Pension & Social Security
These employees of Air India now will be entitled to benefits like they will receive extra 2 per cent employer’s contributions in their provident fund (PF) accounts at 12 per cent of their wages New Delhi: fund body EPFO has onboarded Air India Ltd for social...
by AIP Online Bureau | Dec 15, 2021 | Indian News, Pension & Social Security
Reliance Capital had defaulted on payment of principal and interest obligations on bonds held by EPFO.The total interest default on the non-convertible debentures (NCDs) (secured) is Rs 534.64 crore as of November 30, 2021 Reliance Capital owes its creditors over Rs...
by AIP Online Bureau | Nov 21, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Explaining the rationale behind the decision, Labour Secretary Sunil Barthwal told reporters,”If we want to provide high rate of interest then we have to follow guidelines of finance ministry. There are certain instruments (prescribed in norms) where we were not...
