
Nirmala Sitharaman announced that the government will pay the provident fund share of employer and employee till 2022.

Of the total 12.83 lakh net subscribers added in June, around 8.11 lakh have come under the social security coverage of EPF scheme for the first time

Employee Provident Fund Organisation members will not get Covid 19 advances, insurance benefits, and many other facilities from September 1.

There is an addition in net payroll in each month of the financial year 2020-21, except for the months of April and May 2020

EPFO has received Rs 57,846 crore as contribution from its subscribers in the first quarter of this fiscal

According to CMIE data, 67% of all men of the working age group are employed, whereas only 9% of all women of working age are employed.

The EPFO data has revealed that almost half of the formal sector jobs created in May were in security agencies, small contractors, cleaning services.

While Maharashtra topped in all age brackets, Tamil Nadu, Gujarat, Haryana, Karnataka occupied the next places in different age brackets

EPFO is a social security body that operates the country’s largest and compulsory state pension scheme.

No premium is payable by the employees for availing insurance cover under the EDLI scheme