Page 4 - Epfo Data

EPFO e-Passbook: How to download, check balance and other details

The current EPF interest rate is 8.1%

EPFO to take call on interest rate for 2021-22 in March meeting

In March 2020, EPFO had lowered interest rate on provident fund deposits to a seven-year low of 8.5 per cent for 2019-20, from 8.65 per cent provided for 2018-19.

Record 1.54 million additions to EPFO in September, shows data

There was net addition to the EPF subscription at 6.48 million in the first half of the current fiscal year, which is higher than the 6.11 million in the entire FY19

At 1.48 mn, Employees' Provident Fund sees record net payroll in August

The numbers - also called net payroll data - were higher in each of the first four months of the current financial year than the average monthly figure of previous years

4 million lost job amid Covid-19 crisis, eligible for EPF subsidy: Data

EPFO releases data for employee exits in formal sector

EPFO records 1.49 mn net new enrolments in Sept, up from 880,000 in Aug

The net enrolments with the Employees' Provident Fund Organisation (EPFO) had dropped to 5.72 lakh in March 2020 from 10.21 lakh in February, according to the payroll data released in May

Payroll numbers rise in June to pre-covid levels as old exits return

If only new payroll members are accounted for, there is still some way to go for getting back to pre-covid

EPFO records 133,000 new enrolments in April amid Covid-19 lockdown

The government had imposed lockdown from March 25 to fight Covid-19 in the country.

EPFO to use common service centres for life certification of pensioners

EPS pensioners are required to submit their life certificates each year to continue to draw pension

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

EPFO settles 137,000 withdrawal claims to ease Covid-19 lockdown woes

Withdrawal claims worth Rs 280 crore has been settled in the past 10 days

Tamil Nadu adds more new entry level jobs despite slowdown in auto sector

During the year 2018-19, Karnataka ranked first in new payroll addition with 265,827 people coming under the ambit of EPFO

Making sense of EPFO data

Payroll statistics are India's only officially released employment source but they suffer from several gaps

'Expert services' see highest payroll additions: EPFO data

Youngsters more likely to enter electronic/electrical/ mechanical products industry

New EPFO data shows 15% formalisation rate

The EPFO data is a step ahead of the US payroll counterpart that gives out numbers only according to industry and not states

EPFO data is not employment data

The data released so far implies an average addition of 0.52 million accounts a month with a monthly variation ranging from 0.39 to 0.65 million

EPFO data shoddily maintained; 30-40% is unclean: What researchers told PMO

The EPFO data analysed by the researchers also showed that in some cases, members have received contribution even before their joining date