Employees Provident Fund

Arun Jaitley, Indian FM, Explains Disputed Tax Provisions On EPF Withdrawals, Hints For Partial Rollback

Indian Finance Minister has apparently faced the brunt of imposing tax on withdrawals from EPF. Ahead of widespread criticism, he has explained certain provisions in the proposed budget arguing in its favor. However, he has hinted for a partial rollback.

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Malaysian consortium secures GBP790 million syndicated financing for Battersea acquisition and development

The Malaysian consortium made up of Sime Darby Property, SP Setia Bhd and the Employees Provident Fund, have secured GBP790 million in syndicated funding to acquire the Battersea Power Station in the United Kingdom.

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