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PF News
  • 28 Jul 14
    12:32 AM
    The Supreme Court has resolved an apparent conflict of views in its earlier judgments regarding the validity of gifts and stated that a gift of property would not be invalid if the possession is retained by the donor.
  • 21 Jul 14
    04:56 PM
    The government does not propose to increase interest rates for Employee Provident Fund Organization (EPFO) subscribers, Visnu Deo Sai, state minister for steel, mines, labour and employment informed the Lok Sabha today through a written reply.
  • 19 Jul 14
    10:46 PM
    Central provident fund commissioner K K Jalan wants a policy on inoperative accounts in the Employees Provident Fund Organisation (EPFO).He told Business Standard, "In every pension fund body, some amount always remains unclaimed.
  • 10 Jul 14
    05:38 PM
    Tax experts hailed Budget proposals to raise income tax exemption cap to Rs 2.5 lakh, tax rebate on interest portion of home loan to Rs 2 lakh and investment sops of Rs 50,000, saying this will help increase savings and higher disposable income.
    04:15 PM
    The Budget for 2014-15 today left income tax rates unchanged but provided sops to small and marginal assessees by raising the threshold exemption limit from Rs 2 lakh to Rs 2.5 lakh and investments under 80C by Rs 50,000 to Rs 1.5 lakh while promising not
    02:40 PM
    Finance Minister Arun Jaitley in his maiden Budget speech said all fresh cases arising out of the retrospective amendments of 2012 will be scrutinised by a high-level committee before any action is initiated in such cases.
    01:54 PM
    While the tax announcements in the Union Budget 2014 were not in line with  expectations, Finance Ministry Arun Jaitley did try to offer small perks on the personal taxation front.
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