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EPFO hikes interest to 9.5% for FY11
Nearly 50 million subscribers to Employees’ Provident Fund Organisation (EPFO) are in for a surprise bonanza with the central board of trustees (CBT) today recommending the payment of 9.5 per cent interest on their corpus for 2010-11, compared with the 8.5 per cent being paid for the last five years and was widely expected to continue this year, too. The 1 percentage point increase will result in
Nearly 50 million subscribers to Employees’ Provident Fund Organisation (EPFO) are in for a surprise bonanza with the central board of trustees (CBT) today recommending the payment of 9.5 per cent interest on their corpus for 2010-11, compared with the 8.5 per cent being paid for the last five years and was widely expected to continue this year, too. The 1 percentage point increase will result in
Scrap computerised CAT, demand IIM faculties
The faculty federation at the Indian Institutes of Management at Ahmedabad, Bangalore and Calcutta have made a resolution to their respective directors on scrapping the computer-based CAT and
Globsyn bags TurboSWIFT software migration order
Globsyn Infotech Limited (formerly Synergy Log-In Systems Limited) bagged the order for migrating Bank of Bahrain & Kuwait from their existing SWIFT Alliance to TurboSWIFT for connecting to the
EPFO seeks approval for higher equity exposure
The Employees Provident Fund Organisation (EPFO) will be seeking approval from its apex decision-making body, the Central Board of Trustees (CBT), to implement a finance ministry order to invest up to
The Employees Provident Fund Organisation (EPFO) will be seeking approval from its apex decision-making body, the Central Board of Trustees (CBT), to implement a finance ministry order to invest up to
December 6 preferred date for CAT 2009, says poll
With 240,000 applicants Common Admission Test (CAT) preparing for the paperless examination to be scheduled between November 28 and December 7, the favourite date amongst masters of business
With 240,000 applicants Common Admission Test (CAT) preparing for the paperless examination to be scheduled between November 28 and December 7, the favourite date amongst masters of business
Decision on provident fund interest rate deferred
The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) on Saturday decided that employees working in small establishments having 10 or more workers will also get the b
The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) on Saturday decided that employees working in small establishments having 10 or more workers will also get the b
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