The Employees' Provident Fund Organisation (EPFO) has released provisional payroll data for August 2024, revealing a net addition of 18.53 lakh members in the month of August 2024. This represents a 9.07% year-on-year growth compared to August 2023, signifying increased employment opportu
The Central Bureau of Investigation (CBI) has arrested an accused Enforcement Officer of Employees' Provident Fund Organisation (EPFO), Jalgaon for demanding and accepting a bribe of Rs 25,000 from the complainant, the CBI said in a press release.
The central government has kept the interest rates unchanged on various small savings schemes for the October-December quarter, according to an official notification from the Ministry of Finance.
Congress General Secretary in-charge communications Jairam Ramesh on Monday dismissed the central government's claims on creating eight crore employment opportunities between 2021 and 2024 and 6.2 crore net subscribers joining the EPFO database and said that 2014-24 has seen "jobloss growth.
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to bond markets to meet their funding requirements. As of FY2025 year-to-date (YTD), banks have issued Rs. 767 billion in bonds, reflecting a 225 per cent year-on-year increase an
This highlights a shift in India's employment landscape, reflecting the effectiveness of the Modi Government's transformative schemes aimed at driving job creation and formalising the job market
Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said in a report on Friday.
The EPFO has added about 6.2 crore members in the last 6 years, as per government sources. About 19 lakh new registrations in EPFO in the month of May 2024.
In the past two years, 27 establishments have surrendered their exemption, adding about 30,000 employees and an amount of Rs 1688.82 crores to the Fund under the Employees' Provident Fund Organisation (EPFO).
New Delhi [India], July 2: Public Provident Fund or PPF is a very dependable and popular investment tool meant for long term savings of your hard earned money. Undoubtedly, PPF is a trustworthy small-savings and investing scheme which allows people to preserve their liquid money for long-ter