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EPFO payroll additions: Oct records rise
October, the month of festivities in large parts of the country, also brought in some happy tidings for employment generation with formal job creation
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Got first salary? Get on to SIP!
experts suggest that young investors should start investing in a mutual fund through a Systematic Investment Plan
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Net addition of 2.9 m women in EPFO in FY23
The Employees Provident Fund Organisation (EPFO) has added net addition of 28,69,688 women subscribers in FY23 against 15,93,614 in 2019-20, Parliamen
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PF deposit defaults up 10% in 5 years
The provident fund is one of the earliest social safety organisation for workers of the organised sector in the country and was set up in March 1952
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EPFO adds 17.21 lakh members in Sept’23
Since, April 2018, EPFO has been releasing payroll data covering the period from September 2017 onwards.
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What’s happening on India’s employment front?
More than 80% of the hired frontline workers held either a graduation degree, or at least a high school diploma. Nevertheless, the need for upskilling
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Unemployment at 7.8%, per CMIE
In 2004, salaried women workers only made 70% of what their male counterparts did. By 2017, women had begun making 76% of what men did. However, the p
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EPFOs gets nod to invest redemptions in ETFs
Per government mandate, EPFO is allowed to invest anywhere between 5 to 15% of its corpus in equity instruments. However, this ceiling has never been
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Govt jobs down so is NPS enrolment
In the month of May, the number of employees of Central and Central Public Sector Enterprises who adopted NPS reached a 5-month low. Only 10,081 centr
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Govt may opt for AP model on PF
Some of the states ruled by opposition parties have already gone back to the old pension system and there have been demands the old pension system be
