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Centre asks states not to delay PF remittances deposit

At present, all states except West Bengal and Tripura are part of National Pension System and so far Rs 50,000 crore have come from states under National Pension System (NPS).

 
 
The finance department said that this investment will help govt to receive additional money from equity market and reduce burden on the state exchequer.
The services launched are - Mobile Application, SMS-based UAN Activation and Missed Call service. The services were launched by Union Minister Bandaru Dattatreya.
 
 
The income projections for the current fiscal suggest that the body can pay rate of interest which is slightly higher than 8.75 provided in 2013-14 and 2014-15.

PFRDA said it was committed to support the 'Digital India' drive and efforts were being made to make various NPS related services available on online platform.

Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.
The contribution of central government is calculated at the rate of 1.16 per cent of the monthly wages of the members contributing to the scheme.
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