Home / Economy / News / Enrolments with EPFO dips to 10.34 lakh in Feb from 10.71 lakh in Jan

Enrolments with EPFO dips to 10.34 lakh in Feb from 10.71 lakh in Jan

EPFO has been releasing the payroll data or new subscribers data since April 2018, covering a period starting from September 2017

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2 min read Last Updated : Apr 20 2020 | 7:43 PM IST

The net new enrolments with retirement fund body EPFO dipped to 10.34 lakh in February 2020 from 10.71 lakh in the previous month, according to its payroll data, providing an employment perspective in the formal sector.

However, during the April-February period in 2019-20, the number of net new subscribers rose to 76.53 lakh compared to 61.12 lakh recorded by Employees' Provident Fund Organisation (EPFO) during the entire 2018-19, showed the latest payroll data released on Monday.

EPFO has been releasing the payroll data or new subscribers data since April 2018, covering a period starting from September 2017.

The data also

Topics : EPFO data EPFO subscribers EPFO interest rate Employee Provident Fund Provident Fund withdrawal

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