Central Government will pay the PF amount for the three months of June, July and August 2,500 crore has been allocated for this purpose. This will benefit 3.67 lakh companies and 72.25 lakh employees. Since the government pays the amount of PF, the companies have a saving of Rs 6,500 crore. In the … [Read more...] about Central Government will pay the PF amount for the three months of June, July and August
Provident Fund Rules
Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market
Centre Govt Allows 5% of PF Funds to be Invested in Share Market The Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market. As a result, Rs.5000 crore is expected to be released for investment this financial year. A circular from the Ministry of Labour … [Read more...] about Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market