Page 2 - Payroll Data

EPFO adds over 1.27 million subscribers in April, an increase of 13.73%

Net new enrolments with retirement fund body EPFO increased by 13.73 per cent to 12.76 lakh in April from 11.22 lakh in March this year, according to payroll data released on Sunday.

At 1.33 mn, January net addition to payroll highest in FY21, shows data

The increasing number of Covid cases and reimposition of some restrictions in a few states of the country, particularly Maharashtra, may have an adverse impact on the numbers going forward

Net payroll addition cruises after falling for two months, shows data

Net payroll addition rose to 12.5 trillion in December from 8.7 trillion in the previous month

Net payroll addition declines in line with other macroeconomic data

After looking up for two months since lockdown was eased in September, various data point to slowing down of the economy in November

EPFO records over 1 mn new enrolments in August up from 748,000 in July

Provisional payroll data released by the EPFO last month had shown that net new enrolments stood at 845,000 in July this year

ESIC-run social security scheme adds 741,000 new members in July

The NSO report showed gross enrolments of new subscribers with the ESIC were 15.1 mn in 2019-20, against 14.9 mn in the previous fiscal

EPFO records 845,000 new enrolments in July, up from 482,000 in June

Provisional payroll data released by the EPFO last month had shown that net new enrolments stood at 655,000 in June this year. The figure has now been revised down to 4,82,352

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 655,000 net new enrolments in June, up from 172,000 in May

The net new enrolments with the EPFO hover around 700,000 every month on an average

ESIC social security scheme sees around 821,000 enrolments in March

The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and pension fund regulator PFRDA.

1.26 mn jobs created in May, tad higher than 1.11 mn in April: Payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated

A good beginning: Payroll data can benefit from more transparency

It is high time the government moved away from a survey-based approach of assessing employment growth in the country, and opted for payroll data