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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 ...
- Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
- 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...
- Higher job retention among women despite low workforce share than men: ReportA new report reveals women in India's formal workforce stay in their jobs 36% longer than men, with a median tenure of 10.6 months compared...
- EPFO adds 2.1 million net jobs in JulyAs per the provisional payroll data for July, released by the ministry of labour and employment on Monday, net formal job creation went up ...
- No 'spin-doctoring' can change fact that 2014-24 saw 'jobloss growth': CongressThe Congress has dismissed the government's claims of creating eight crore jobs between 2021 and 2024 as "half-truths", arguing that the st...
- Formal job creation under the Employees' Provident Fund Organisation up 18% in OctIn October, formal job creation under the Employees' Provident Fund Organisation (EPFO) increased by 18.2% year-on-year, adding 1.53 millio...
- EPFO adds 16.9L members in AugustOf the 1.69 million workers added to EPFO in August, 58.3% of the net new workers or 0.92 million were in the 18-25 years age bracket. "Thi...
- India added 5.2 crore new formal jobs in FY20-23: ReportThe government has since April 2018 releasing monthly payroll data from the Employees Provident Fund Organisation or EPFO, the National Pen...
- Formal job creation rebounds in SeptemberThe provisional payroll data released by the ministry of statistics and programme implementation on Friday shows net new subscriber additio...
- Formal job creation jumps 24.5% to 1.82 million in JulyThe provisional payroll data of EPFO, released on Tuesday, however shows miniscule change in month-on-month jobs creation with July numbers...
- 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 1.28 million members in JuneProvisional payroll data released by the EPFO showed that of the total 1.28 million net new subscribers, about 0.81 million came under the ...
- Job creation trebles in Feb at 8.61 lakh, according to EPFO payroll dataAccording to the latest data, the highest job creation was recorded in January 2019 at 8.94 lakh against the provisional estimate of 8.96 l...
- Over 18 million new jobs in 15 months to November 2018: CSOAs many as 1,84,38,748 new members joined the ESI scheme run by ESIC during the 15 months until November 2018.
- 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.
- EPFO payroll data: 4.4 mn jobs created in 9 months till MayAccording to the latest data released yesterday, the new members enrolment in May is the highest so far in last eight month at 7,43,608.
- Over 39 lakh jobs created in 7 months till March: EPFO dataAs many as 6.13 lakh new jobs were created in the month of March this year, which is higher than 5.89 lakh payrolls with the EPFO in Februa...
- Three million jobs created in India in last six months: Myth vs realityThe government’s critics have also questioned the timing of the EPFO update, coming ahead of the crucial assembly elections in Karnataka.
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