Formal job creation declines in March: EPFO
Out of 13.40 lakh members added during the month, around 7.58 lakh new members have come under the ambit of EPFO for the first time.
employees provident fund organisation
May 2023
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March 2023
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November 2022
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December 2021
Formal job creation dips in February: EPFO data
Out of 13.96 lakh members added during the month, around 7.38 lakh new members have come under the ambit of EPFO for the first time.
EPF recommends 8.15% interest rate on provident fund for FY23
The interest rate would be officially notified in the government gazette after approval of the Ministry of Finance.
EPFO members can apply for higher pension till May 3
EPFO subscribers can now opt for higher pensions by applying jointly with their employers.
EPFO members can now choose higher pension option
The EPFO has now allowed subscribers and their employers to jointly apply for higher pensions under the Employees' Pension Scheme (EPS).
EPFO adds 16.82 lakh formal jobs in Sept; up 9.14% YoY
The net enrollment in the month is 21.85% higher than the monthly average recorded during the last fiscal.
Formal job creation up 16.4% in December 2021: EPFO
Of the total 14.60 lakh net subscribers added, 9.11 lakh new members have been enrolled under EPF & MP Act, 1952 for the first time, says EPFO.
EPFO adds 14 lakh subscribers in November 2021
The age group of 22-25 years registered the highest number of net enrolments with 3.64 lakh additions.
Sharp downward revision in EPFO data hurts credibility of new job creation
Drastic downward revision of the number of gross new EPFO subscribers month after month is complicating the picture of overall job creation.
