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PTI
New Delhi, February 16, 2011
Although CBT, which is headed by labour minister, had decided to give a higher return of 9.5 per cent on provident fund deposits for 2010-11, the Finance Ministry had expressed its opposition to the move.


PTI
New Delhi, February 15, 2011
The retirement fund manager EPFO trustees on Tuesday decided not to invest a portion of Rs 5,00,000 crore funds in the stock market in view of Finance Ministry's refusal to provide any guarantee on returns and safety of such investments.


PTI
New Delhi, February 15, 2011
The trustees had suspended investment in the housing finance company following disclosure of the bribe-for-loans scam in November 2010, in which its top officials were allegedly involved.


PTI
New Delhi, February 15, 2011
The EPFO's trustees will meet on Tuesday and may seek PMO's intervention over tussle between the ministries of finance and labour over giving 9.5% on PF deposits for 2010-11.


PTI
New Delhi, January 3, 2011
The move which will help in speedy transfer of a subscribers' funds in case of job change and allow them to track their accounts online.


Pritam P. Hans
January 14, 2011
The continuing crunch in liquidity is likely to result in higher interest rates on bank and corporate fixed deposits.


PTI
Mumbai, December 10, 2010
LIC Housing Finance continued its losses for the sixth consecutive session, with the scrip shedding over seven per cent in the early trade.


PTI
New Delhi, December 9, 2010
EPFO till date has invested Rs 454 crore in the bonds of LIC Housing Finance Company, while the current investment norms allow investments of up to Rs 846 crore.


PTI
Mumbai, December 9, 2010
The 30-share BSE index, which had lost 285 points in last two trading sessions, tumbled 454.12 points to 19,242.36, as financial and realty stocks continued to be battered.


www.businesstoday.in
November 25, 2010
Citius, Altius, Fortius' could well be the rallying cry of the rupee as it rises swiftly, touches new highs and becomes stronger against the dollar.


PTI
Mumbai, October 24, 2010
Terming equity investments \"unsafe\", retirement fund manager EPFO has asked for a Government guarantee to go ahead with the Finance Ministry's demand of investing up to 15 per cent of its funds in stocks.


Babar Zaidi
September 23, 2010
In a recent online survey conducted by Money Today, inflation was listed as the biggest retirement worry by respondents.


PTI
New Delhi, September 29, 2010
The Finance Ministry is believed to have agreed to modify its notification for exempting the entire 9.5 per cent interest on PF deposits from tax for 2010-11.


PTI
New Delhi, September 22, 2010
Employees Provident Fund Organisation says PF trusts set up by corporates can pay a higher interest rate of 9.5 per cent for 2010-11, as they may also have surplus in their accounts.


PTI
New Delhi, September 16, 2010
On the heels of the provident fund board increasing interest rates, the central bank wants banks to compensatesmall savers for rising inflation.


Babar Zaidi
August 25, 2010
In a recent online survey conducted by MONEY TODAY, inflation was listed as the biggest retirement worry by respondents. Ironically, the most popular instruments used for retirement planning were the PPF and bank deposits.


Mukul G. Asher
August 21, 2009
Making the NPS mandatory and more attractive should be a high priority for the government.


www.businesstoday.in
March 4, 2009
The PF is an inadequate cushion for retirement, but it is an inexpensive first step towards planning for later years, at least for those in the organised sector.


www.businesstoday.in
March 4, 2009
Unless the issues plaguing the central government pension plan are resolved, it won’t benefit the members.


Amit Gopal
December 11, 2008
The provident fund has failed to deliver what it was set up to provide—inexpensive and effective social security for the organised sector.


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