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EPFO Services To Remain Impacted Today: Know Why

Numerous subscribers have voiced their grievances regarding delays in claim settlements through EPFOs official handle on X. ....

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EPFO rejects every third claim it receives, says report

The rate of rejection by the Employees Provident Fund Organisation (EPFO) rose from 13 percent to 34 percent in 5 years ....

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DNA Explainer: EPFO hikes interest rate for 2023-24; know how much return is expected, what it means

Compared to the previous fiscal year, there has been significant growth in income and principal amount, indicating a healthy financial performance. ....

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EPFO: Formal job creation under the Employees' Provident Fund Organisation up 18% in Oct

In October, formal job creation under the Employees Provident Fund Organisation (EPFO) increased by 18.2% year-on-year, adding 1.53 million net new subscribers. However, compared to September s 1.72 million jobs, sequential formal job creation declined by 11%. The EPFO added 770,000 new members in October, a 6.07% rise from the same month last year, with 58.6% of the new joiners in the age group of 18-25 years. ....

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epfo: EPFO adds 16.9L members in August - The Economic Times

Of the 1.69 million workers added to EPFO in August, 58.3% of the net new workers or 0.92 million were in the 18-25 years age bracket. "This indicates that most of the first-time job seekers are youth joining the organised sector workforce in large numbers.," the ministry of labour and employment said. Further, around 1.18 million members exited but rejoined EPFO, an increase of 10.2% when compared to last year. ....

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