EPFO adds 14.81 lakh net subscribers in August
The provisional payroll data of EPFO released on 20th October, 2021 highlights that EPFO has added around 14.81 lakh net subscribers during the month of August, 2021. Of the total 14.81 lakh net subscribers, around 9.19 lakh new members have come under the social security ambit of EPFO for the first time. Around 5.62 lakh net subscribers exited but rejoined EPFO by changing jobs within the establishments covered under the purview of EPF & MP Act, 1952. State-wise comparison of payroll figures highlights that the establishments covered in the states of Maharashtra, Haryana, Gujarat, Tamil Nadu and Karnataka are in lead by adding approximately 8.95 lakh subscribers during the month, which is around 60.45% of total net payroll addition across all age groups.
EPFO registers 14.63 lakh net members in November 2024, nearly 5% YoY increase
Hiring In Formal Sector Slips 20.8 Per Cent In Oct As Additions Reach 7-Month Low
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