EPF

EPFO Reports Highest Monthly Payroll Additions In July 2024

The Employees' Provident Fund Organisation (EPFO) has reported its highest-ever monthly payroll addition in July 2024, with a 19.94 lakh members joining the ranks. This highlights a shift in India's employment landscape, reflecting the effectiveness of the Modi Government's transformative schemes aimed at driving job creation and formalising the job...

1.09 Crore New EPF Subscribers Join In FY24, Signaling Formal Sector Growth

Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said on Friday. This data indicates the number of individuals who are making their way into the formal job sector. The government...