EPFO contributions to cross ₹3 l cr in '24-25
EPFO schemes are expected to receive around ₹3 lakh crore in total contributions in 2024-25, 8% more than this year and 2.5 times higher than pre-pandemic levels. The expected increase is attributed to strong economic growth, employment generation, formal job creation, rising wages, inflation, and the governments vision to widen the social security net.
Employee Provident Fund Employee Provident Fund Organisation Employee Pension Employee Deposit Linked Insurance Epfo Contributions Total Contributions
Source: indiatimes.com