Employees’ Provident Fund Organization (EPFO)

New Delhi: Over the past two years, 27 establishments have surrendered their exemption status, resulting in the addition of approximately 30,000 employees and a sum of Rs. 1688.82 crores to the Employees’ Provident Fund Organisation (EPFO). This trend reflects the growing preference among establishments to have EPFO directly manage their employees’ Provident Fund (PF), allowing…

New Delhi: The Employees’ Provident Fund Organization (EPFO) has released its provisional payroll data for January 2024, revealing a substantial increase in net members, with a notable emphasis on youth employment and gender diversity. According to the data, EPFO added a remarkable 16.02 lakh net members in January 2024. Among these additions, approximately 8.08 lakh…