This is to inform you that the Employees’ Provident Fund Organisation is about to raise the equity investment limit up to 25% which is currently 15%. The Employees’ Provident Fund Organisation is also known as EPFO which is accountable for all the provident fund activities. Now EPFO is likely to discuss this new development at the next board meeting which is scheduled to take place in July. We have gathered reliable information from the person who is close to the matter and linked to EPFO. If you follow all the particulars then you can have all the news of the latest development and news linked with The Employees’ Provident Fund Organisation’s equity investment limit. You are advised to keep going on and must go through this column till it’s not completed as there is still a lot more to know in the below-placed sections. Follow More Update On GetIndiaNews.com
At the next board meeting, EPFO could also consider the administrative issues and finalization of the recommendations to form four sub-committees or units that will cooperate under the supervision of EPFO. According to the source, these four sub-committees will work on related matters, building up digital capacities, futuristic implementation of the Social Security Code, and pension-related matters of The Employees’ Provident Fund Organisation. Have a look below to fetch more about EPFO’s new sub-committees and reforms.
As per the latest reports we have got to know that the upcoming 231st meeting of the CBT (central board of trustees) of Employees’ Provident Fund Organisation will take place in Bengaluru. Furthermore, it will be a two-day meeting, the scheduled is on July 8th and July 9th. However, The Employees’ Provident Fund Organisation has not made clear its agenda of the meeting or focused on issues that will be discussed in the next board meeting. Let’s learn more about it in the next section.
The Central Board of Trustees is comprised of representatives of employees, employers, central government, and state government. Furthermore, the labor minister is the head of CBT. FIAC is also a sub-committee of CBT, FAC is the Finance Investment and Audit Committee. FIAC also discussed the investment ceiling in last month’s meeting to raise the equities to ensure higher returns for the members of EPF. That’s all for now on The Employees’ Provident Fund Organisation’s rating equity investment. Stay tuned to this page for more details and updates.