Saturday, December 14, 2024

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EPFO

EPFO adds highest-ever members in a month in April since first payroll data was published in 2018

Employees' Provident Fund Organisation (EPFO) has added 18.92 lakh net members in the month of April 2024. The addition during the month is the highest since the first payroll data was published in April 2018, as per the official statement.

EPFO hikes interest rate on provident fund to 3-year high of 8.25% for FY 2023-24

After receiving the ratification from the Union government, the interest rate on EPF for FY 2023-24 will be credited into accounts of over six crore subscribers of EPFO.

Union Government hikes interest rate on Employees Provident Fund for FY22-23 to 8.15%

The EPFO has increased interest rate to 8.15% and it will benefit over 6 crore subscribers in FY23. It has also asked filed offices to start crediting it into members' accounts.

76.48 lakh jobs created in last 17 months, 8.96 lakh jobs in January alone: EFPO payroll data

As per EFPO data, net employment generation in the formal sector touched a 17-month high in January

India generated 7.16 lakh jobs in December 2018, highest in the last 16 months: EPFO data

Modi government has been working relentlessly to create jobs in both organised and unorganised sectors.

A record 9.5 Lakh jobs were created in July, 61.81 lakh since September 2017: EPFO data

The new EPFO data reveals that from September 2017 to July 2018 more than 61.81 lakh new jobs have been created,

EPFO data reveals over 4.4 million jobs created in last nine months till May

Latest data released on the new member's enrolment in May is the highest so far in the last eight month standing at 7,43,608

Modi government likely to double minimum pension for organised sector employees

Employees provident fund organization has an active member base of over 6 crores

Over 39 lakh jobs created in the last 7 months till March this year, reveals EPFO data

The EPFO manages social security funds of workers in the organized/semi-organized sector in India.

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