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EPFO JOBS ADDITION
EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the sameA new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension ...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
Modi says 70 lakh jobs created under PM-Viksit Bharat Rozgar Yojana so far; transfers initial incentives worth Rs 2,400 crPrime Minister Narendra Modi announced over 70 lakh jobs created under the Pradhan Mantri Viksit Bharat Rozgar Yojana, disbursing Rs 2,400 ...
Inspection scheme soon to flag firms dodging EPFOIn a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensive inspection program. This proacti...
0.4 million new employees availed fiscal benefit under PMVBRYThe Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 cro...
EPFO sees record number of net formal jobs added in JuneAs per the provisional payroll data, released by the ministry of labour and employment on Wednesday, the Employees’ Provident Fund Organisa...
Record formal job creation likely in 2024-25, but fewer new employers join EPFOIndia anticipates a record high in formal job creation for fiscal year 2024-25. This suggests strong hiring driven by robust economic growt...
Net formal job creation under EPFO rises 4% to 1.6 million in FebNet formal job creation under EPFO saw a rise to 1.6 million in February, a 3.99% increase from the previous year, with 0.74 million new su...
Formal job creation under EPFO at 72-month high in April at 1.89 millionProvisional payroll data, released by the ministry of labour and employment on Thursday, shows new formal job created under EPFO was 31.3% ...
Formal job creation under EPFO down 14.2% to 1.39 million in November, according to payroll dataAs per the provisional payroll data, released by the ministry of labour and employment, EPFO also registered a decline of 9.15% in formal j...
Net new women EPFO subscribers addition rises to 28.69 lakh in FY23The EPFO saw a significant rise in new women subscribers, recording 28.7 lakh additions in FY23 compared to 15.9 lakh in 2019-20, indicatin...
EPFO data suggests a significant acceleration in formalisation of the job market: Economic SurveyThe net additional subscription witnessed a decline again in November 2020 and also during the second wave of Covid-19 (April-June 2021). H...
EPFO adds 12.73 lakh subscribers in OctoberEPFO provides provident fund, pension benefits to the members on their retirement and family pension and insurance benefits to their famili...
EPFO adds 14.65 lakh net new subscribers in JulyThe provisional payroll data of EPFO, released on Monday, shows of the total 1.46 million net subscribers added during the month, around 0....
Formal job creation rebounded in June: EPFO data“The impact of the second wave of COVID-19 pandemic waned during June 2021, leading to tremendous growth in net payroll additions as compar...
EPFO net new enrolments rise 13.73 per cent to 12.76 lakh AprilAs per the labour ministry’s provisional payroll data, of the 1.27 million net subscribers added during the month, around 0.68 million new ...
EPFO net new enrollments decreases by 1.9 per cent in 2020-21Net enrollments under EPFO in March stood at 11.21 lakh in March, down from 11.28 lakh in February, reflecting the impact on jobs because o...
Job additions soar to 11-month high of 9.51 lakh in JulyFor each age-wise band, the estimates are net of the members enrolled and ceased during the month as per the EPFO records.