TAG: EPFO

EPFO to credit interest for FY24 to members' accounts 'very shortly'

The Employees' Provident Fund Organisation (EPFO) on April 24 said it is in the process of allocating increased interest for the provident fund deposits made during the financial year 2023-24.EPFO had hiked the interest rate on deposits to 8.25 percent fo...

5 months ago

EPFO adds 1.93 million more members in June; net additions up 8% YoY

The government’s flagship social security scheme added 1.93 million members in June 2023, a 7.9 percent increase from the previous year, data released by the Employees’ Provident Fund Organisation showed.The EPFO scheme recorded 1.03 million new employees...

1 month ago

Young and restless? Haryana and Tamil Nadu are the best places to work for you

Local youths below 21 years find a better prospect for formal jobs in the manufacturing-driven economies of Haryana and Tamil Nadu, compared to any other large states in the country, according to a Moneycontrol analysis of social security data.On the othe...

1 month ago

EPFO logs 20 lakh net new members in July: Labour ministry

Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the Labour Ministry said on Monday.Union Labour Minister Mansukh Mandaviya said in a press conference that 10.52 lakh new or first-time workers subscribed to Social...

3 weeks ago