Financing Establishment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gender-wise analysis of payroll data shows that during July 2023 around 3.86 lakh net female members have been added to the payroll.

EPFO’s provisional payroll data released on 20th August, 2023 highlights that EPFO has added 17.89 lakh net members in the month of June, 2023. The data reveals that 3,491 establishments have extended social security cover of EPFO to their employees

Of the total 16.94 lakh members added during the month, around 9.87 lakh new members have come under the ambit of EPFO for the first time. Out of 9.87 lakh new members added, approximately 58.32% are from the age-group of 18-25 years of age. This age-group signifies a crucial stage for an individual’s potential in terms of earning capacity and joining organized workforce in large numbers following their education.

Female participation in the organised workforce has recorded a rise in the month of August as net membership of women in organised workforce has increased by 22.60 per cent in August 2022 as compared with the corresponding period last year.The ...

The provisional payroll data of EPFO released on Thursday showed an increase of 14.40 per cent in net membership addition in August 2022 as compared to the corresponding month during last year in 2021. Employee provident fund organisation has added 16.94 lakh net members in the month of August 2022.Of t