Author: earthamceachern

EPFO adds 13.36 lakh net subscribers in the month of January, 2021

The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021. Despite COVID-19 pandemic, EPFO added around 62.49 lakh subscribers during  the current financial year. The data reflects growth of 24% for the month of January, 2021 over December, 2020. Year-on-year comparison of payroll data indicates an increase of 27.79% in net subscribers’ as compared to the corresponding period last year, indicating return to the pre-Covid levels of subscriber growth for EPFO. Growing  trend in EPFO payroll numbers and ... Read more