The 192nd meeting of the Central Board of Trustees, Employees Provident Fund was held under the Chairmanship of Shri Mallikarjun Kharge, Minister for Labour and Employment and Chairman, Central Board of Trustees (Employees’ Provident Fund), in New Delhi today. The meeting of the Central Board of Trustees, EPF, which was the ninth regular meeting of […]
EPFO for 9.5 pc interest on PF; not to invest in bourses
EPFO for 9.5 pc interest on PF; not to invest in bourses The EPFO on Tuesday stuck to its decision that about 4.71 crore subscribers of the pension fund should get one per cent increase in interest on their deposits for 2010-11, pegging the rate of interest at 9.5 per cent. The Central Board of […]
Finmin likely to ok 9.5% interest on PF deposits: Official
Finmin likely to ok 9.5% interest on PF deposits: Official New Delhi, Feb 15 (PTI) Finance Ministry is likely to give green signal to payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said today. "..We can get ratification on 9.5 per cent for the fiscal from […]
Non-relieving of CSS officers under transfer on Rotational Transfer or on Promotion — reg
No.21/1/2011-CS. I (P) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training Lok Nayak Bhawan, New Delhi Dated the 14TH February, 2011 OFFICE MEMORANDUM Subject: Non-relieving of CSS officers under transfer on Rotational Transfer or on Promotion — reg. This has reference to the notification NO.1/8/09-CS.I (P) dated 17.9.2010 […]
Tax exemption on gratuity
The government has hiked the limits of gratuity payment from Rs 3.5 lakhs to Rs 10 lakhs. This enhanced limit is applicable to employees who retire, become incapacitated before retirement, expire or whose services were terminated on or after May 24, 2010. As per Section 10(10) of Income Tax Act, gratuity is paid when […]