Employees' Provident Fund Organisation's (EPFO) provisional payroll data highlighted the addition of 15.48 lakh net members in the month of February, 2024, according to a release issued by the Labour Ministry on Saturday.
The rate of interest for the Sukanya Samridhi Scheme is 8.2 per cent while for three-year term deposits, the interest rate is 7.1 per cent. Similarly, Public Provident Fund gives one interest rate of 7.1 per cent. Kisan Vikas Patra gives interest rate at 7.5 per cent, annually.
The central government has kept the interest rates unchanged on various small savings schemes for the first quarter of the next financial year, beginning April 1.
"The defining feature of the Anyay-kaal of the last ten years has been that no community is able to get its full due: women are left out of the job market, the youth are unable to seek employment, and the farmers are unable to get adequate prices," Jairam Ramesh posted on X.
The Central Bureau of Investigation on Monday arrested an accused Enforcement Officer of the Employees Provident Fund Organisation in Tamil Nadu's Tirunelveli while accepting a bribe amount of Rs 2 lakh from the complainant, Officials said on Monday.
New Delhi [India], February 14: The Employees' Provident Fund (EPF) is a popular retirement savings scheme in India that is regulated by the Employees' Provident Fund Organisation (EPFO). Under this scheme, a portion of an employee's salary is deducted each month and contributed to a fund
An interest rate of 8.25 per cent would be provided on employees' provident fund (EPF) deposits for 2023-24, and a decision around it was taken at the 235th meeting of Central Board of Trustees held on Saturday.
The Central Bureau of Investigation (CBI) has arrested one Assistant Provident Fund Commissioner (APFC) and an Enforcement Officer, both of Employees' Provident Fund Organisation (EPFO), Lucknow and a private person in a case of bribery of Rs eight lakh.
According to the Ministry of Labour and Employment, the cumulative net addition of members during the current financial year continues to remain higher than that of the corresponding period of the previous year.
The Central Bureau of Investigation on Thursday arrested a Regional Provident Fund Commissioner, an Enforcement Officer and a private person for bribery of Rs two lakh.
EPFL researchers created an algorithm that can train an analog neural network just as accurately as a digital one, allowing for the development of more efficient alternatives to power-hungry deep learning hardware