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India creates 16.30 lakh new jobs in May 2023: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1630367 new jobs in the month of May 2023 as against revised figure of 1537511 in April 2023. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Establishm...
India creates 16.30 lakh new jobs in May 2023: EPFO
India creates 16.30 lakh new jobs in May 2023: EPFO
Source: Accord Fintech
21/07/2023 1:52:02 PM
Female participation in organised workforce registers rise Female participation in the organised workforce has recorded a rise in the month of August as net membership of women in organised workforce has increased by 22.60 per cent in August 2022 as compared with the corresponding period last year. The provisional payroll data of EPFO released on Thursday showed an increase of 14.40 per cent in net membership addition in August 2022 as compared to the corresponding month during last year in 2021. Employee provident fund organisation has added 16.9...
Female participation in organised workforce registers rise
Female participation in organised workforce registers rise
Source: IANS
21/10/2022 9:28:01 AM
Centre approves EPF interest for FY22, four decade low at 8.1% The Centre on Friday approved the 8.1 per cent rate of interest on employees' provident fund deposits for FY22. At 8.1 per cent, the rate for the last fiscal would be at a near four-decade low. In March, the Central Board of Employees' Provident Fund Organisation (EPFO) proposed to pay 8.1 per cent rate of interest on provident fund deposits for the current financial year, which has now got the Centre's nod. In FY21, interest rate of employees Provident fund was 8.5 per c...
Centre approves EPF interest for FY22, four decade low at 8.1%
Centre approves EPF interest for FY22, four decade low at 8.1%
Source: IANS
4/06/2022 9:20:20 AM
India creates 14.81 lakh new jobs in August 2021: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1480918 new jobs in the month of August 2021. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Establishment Engaged in Manufacture, Marketing Servicing;...
India creates 14.81 lakh new jobs in August 2021: EPFO
India creates 14.81 lakh new jobs in August 2021: EPFO
Source: Accord Fintech
21/10/2021 1:47:45 PM
EPFO allows its members to avail second Covid-19 advance To support its subscribers during the second wave of Coronavirus pandemic, Employees' Provident Fund Organisation (EPFO) has now allowed its members to avail second non-refundable Covid-19 advance. Members who have already availed the first Covid-19 advance can now opt for a second advance also. The provision and process for withdrawal of second Covid-19 advance is same as in the case of first advance. Considering urgent need of members for financial support in these trying times, M...
EPFO allows its members to avail second Covid-19 advance
EPFO allows its members to avail second Covid-19 advance
Source: IANS
1/06/2021 9:03:40 AM
Net new enrolments with EPFO decline marginally to 11.22 lakh in March Net new enrolments with retirement fund body Employees' Provident Fund Organisation (EPFO) declined marginally to 11.22 lakh in March from 11.28 lakh in February this year. Of the 11.22 lakh net subscribers added during the month of March, around 7.16 lakh new members came under the social security ambit of EPFO for the first time. The data provides a perspective on formal sector employment amid the coronavirus pandemic.  According to payroll data, during 2020-21, the EPFO added 7...
Net new enrolments with EPFO decline marginally to 11.22 lakh in March
Net new enrolments with EPFO decline marginally to 11.22 lakh in March
Source: Accord Fintech
21/05/2021 12:13:23 PM
India creates 12.37 lakh new jobs in February 2021: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1237489 new jobs in the month of February 2021 as against revised figure of 1195383 in January 2021. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Est...
India creates 12.37 lakh new jobs in February 2021: EPFO
India creates 12.37 lakh new jobs in February 2021: EPFO
Source: Accord Fintech
22/04/2021 12:58:21 PM
India creates 13.35 lakh new jobs in January 2021: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1335884 new jobs in the month of January 2021 as against revised figure of 1081398 in December 2020. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Est...
India creates 13.35 lakh new jobs in January 2021: EPFO
India creates 13.35 lakh new jobs in January 2021: EPFO
Source: Accord Fintech
22/03/2021 2:33:12 PM