Categories: BusinessUncategorized

The addition of EPF net increased by 31% to 14.6 lakh in July

New Delhi: Employee Austerity Fund Organization (EPFO), which released temporary payroll data on Monday, stated that he added about 14.6 Net Lakh customers in July this year.
“The addition of net customers has increased by 31.28% (in July) compared to the previous month when the total additional was 11.16 lakh,” said the Ministry of Manpower statement.
This adds that of the 14.6 Net Lakh customers, around 9 new members of the lakh have been under the umbrella of the EPFO ​​social security for the first time.
Also, around 5.6 lakh clean customers who have left the EPFO ​​rejoined later.
Data also reflects that in July, the number of members who joined the EPFO ​​for the first time increased by 6%, those who rejected again increased by around 9%, and those who came out of the previous month.
Comparison of wise salary data shows that the age group 22-25 years has registered the highest number of net registration with an additional 3.9 lakh during July.
This was followed by the 18-21 age group with around 3.3 lakh net participation.
This shows that many job seekers first joined the laborers in large numbers of organized sector and have contributed around 48.8% of the total addition of net customers in July 2021.
“Comparison of wise salary numbers highlights that these companies are covered in the country – Maharashtra, Haryana, Gujarat, Tamil Nadu and Karnataka lead by adding around 9.2 lakh customers for a month, which is around 62.6% of the total increase in net salary in all age groups, “added the statement.

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