EPFO news: These 5 new rules will be applicable to your provident fund accounts in 2025

EPFO news: These 5 new rules will be applicable to your provident fund accounts in 2025

The  Employees’ Provident Fund Organisation (EPFO) will be bringing in some significant revisions to its guidelines and policies for its numerous members, with most changes expected to take effect in the upcoming year. The EPFO will be introducing several new services for its subscribers. The main aim of these updates is to enhance convenience for … Read more

Formal job creation under ESIC remains flat in June

Formal job creation under ESIC remains flat in June

Formal job creation under the Employees’ State Insurance Corporation remained flat in June when compared to May with addition of 2.02 million new subscribers. ESIC had added 2.02 million subscribers in May and 1.78 million formal workers in April. As per the provisional payroll data of ESIC, released by the ministry of labour and employment … Read more

Formal job creation under ESI scheme grows 8.1% in March

Formal job creation under ESI scheme grows 8.1% in March

Formal job creation under the Employees’ State Insurance Scheme registered a month-on-month growth of 8.1% in March at 1.73 million compared to 1.6 million formal workers added to the organisation in February. As per the provisional payroll data of ESIC, released by the ministry of labour and employment on Monday, around 19,000 new establishments have … Read more

Formal job creation under EPFO falls in February

Formal job creation under EPFO falls in February

Formal job creation under the Employees’ Provident Fund Organisation (EPFO) was a tad lower in February 2023 at 1.39 million compared to 1.41 million in February 2022, shows the labour ministry data. As per the provisional data, released on Thursday, formal job creation fell slightly when compared month-on-month with net new employees added to the … Read more