
National Pension System opened up for NRIs
To enable Indians living abroad to access old age income security, the Reserve Bank of India (RBI) allowed non-resident Indians (NRIs) to subscribe...
MAS Team | 30 October 2015
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EPFO to launch online PF withdrawal facility
Retirement fund body EPFO is hopeful of launching an online PF withdrawal facility by March-end after the Supreme Court extended voluntary use of...
MAS Team | 17 October 2015
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EPFO raises maximum insurance cover to Rs6 lakh
Retirement body Employees Provident Fund Organisation (EPFO) substantially increased the maximum amount assured under its Employees' Deposit Linked...
MAS Team | 18 September 2015
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Government plans to raise cap on equity investments by EPFO
The central government plans to lift the cap on equity investments made by the Employees Provident Fund Organisation (EPFO), the main state provident...
MAS Team | 18 September 2015
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Mobile app for EPF members launched
Union Minister Bandaru Dattatreya launched three mobile based services – a Mobile Application, SMS-based UAN (Universal Account Number)...
MAS Team | 16 September 2015
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HDFC Life launches online unit-linked pension plan
Private Life insurer HDFC Life has announced the launch of Click2Retire, an online unit-linked pension plan that aims to help individuals plan...
MAS Team | 11 September 2015
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EPFO to raise maximum insurance cover to Rs5.5 lakh
Retirement fund body EPFO is likely to increase the maximum amount assured under its Employees’ Deposit Linked Insurance Scheme (EDLI) to Rs5.5...
MAS Team | 08 September 2015
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EPFO’s equity investment depends on performance: Minister
Retirement fund body EPFO would invest more funds in equity markets only if the performance of its investments in stocks is encouraging, Union...
MAS Team | 24 August 2015
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EPFO reviews online PF withdrawal plan after SC ruling
Retirement fund body EPFO has decided to re-examine its plan to launch online PF withdrawal facility for its subscribers having Aadhaar enabled PF...
MAS Team | 19 August 2015
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EPFO makes maiden investments in equities
The government's employee's provident fund on Thursday made its maiden investments in the country's equity markets
MAS Team | 07 August 2015
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EPFO may invest more in equities next year: Labour Minister
Employees’ Provident Fund Organisation (EPFO) could invest more into equities in the next fiscal year starting April by raising the current...
MAS Team | 07 August 2015
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Indians are not saving enough for retirement, says survey report
India ranks first in retirement readiness in a global survey conducted by Aegon Religare Life Insurance Co. Ltd.
MAS Team | 01 August 2015
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NRIs expected to invest in NPS
The National Pension System (NPS) is an investment option for non-resident Indians (NRIs) too
MAS Team | 01 August 2015
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EPFO to invest around Rs410 crore in ETFs every month
Retirement fund body EPFO has decided to invest around Rs410 crore in exchange trade funds (ETF) every month during the current fiscal
MAS Team | 30 July 2015
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EPFO to launch online PF withdrawal facility in 3 months
Retirement fund body EPFO is likely to launch the online PF withdrawals facility in next three months for the benefit of its over six crore...
MAS Team | 24 July 2015
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EPFO plans housing scheme for members: Government
Retirement fund body EPFO is considering a scheme for its subscribers so that they are able to own a house by retirement, Labour Minister Bandaru...
MAS Team | 11 July 2015
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Government may cap premature PF withdrawals at 75%
The government is looking to cap premature provident fund withdrawals at 75% for EPFO subscribers at any given time till the age of 58
MAS Team | 09 July 2015
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EPFO to start equity investments in July
Starting in July 2015, state-run pension and social security fund will invest about $800 million in equities in the current fiscal year, Labour...
MAS Team | 25 June 2015
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EPFO makes UAN must for all employers under its purview
Retirement fund body EPFO notified an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident...
MAS Team | 23 June 2015
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Pension Fund Regulatory and Development Authority allows pension funds to invest in realty sector
The pensions regulator has opened the doors of long-term retirement funds to the real estate sector, allowing the pension funds to invest up to 5% of...
MAS Team | 06 June 2015
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