Tag Archives: EPFO

EPFO payroll data shows second-highest job creation in July at 11.62 lakh

Net employment creation in the formal sector was reported at 11.62 lakh in July 2019, according to the latest Employees’ Provident Fund Organisation (EPFO) payroll data. July saw the second highest net job creation numbers, short of 12.23 lakh reported in June 2019 in the previous EPFO release. This is also the third time that formal job creation as per ... Read More »

EPFO payroll data shows job growth in January after four months of shrinking

The payroll data released by Employee Provident Fund Organisation for the month of January 2018 has shown a growth in total jobs created after four months of a downward trend. The data showed that 76.48 lakh new employees were added to the social security schemes of the Employees’ Provident Fund Organisation (EPFO) from September 2017 to January 2019. Meanwhile, the ... Read More »

No Proposal To Hike EPFO Investment In ETFs: Bandaru Dattatreya

New Delhi: Retirement fund body EPFO is not considering any proposal to increase investments in Exchange Trade Funds (ETFs), Parliament was informed on Monday. “The Central Board of Trustees (CBT), Employees’ Provident Fund (EPF) has approved investment of only 5 per cent in ETFs. At present, there is no proposal under consideration of the government to enhance this limit,” Labour ... Read More »