Employees Provident Fund Organization Update: Employees Provident Fund Organization (EPFO) has added a total of 14.93 lakh subscribers (members) in December 2022 last year. This means that so many people have opened their accounts under EPFO. On the other hand, 3.84 lakh employees have been removed from the account list of EPFO. The Union Labor and Employment Ministry of the Central Government has informed today that the number of employees has increased by 32,635 in December as compared to the same period last year.
For the first time so many employees joined EPFO
According to EPFO data, out of 14.93 lakh employees, 8.02 lakh employees are joining EPFO for the first time. These employees are now entitled to PF deduction and investment in pension. Most of the employees are in the age group of 18 to 21 years. Whose number is 2.39 lakhs. In addition, 2.08 employees are in the 22 to 25 age group. The ministry said that 55.64 percent of the employees are associated during 18 to 25 years.
3.84 lakh employees out
According to EPFO, there are about 3 lakh 84 thousand employees who have been out of the list of EPFO account in December 2022. He has left the old job and joined the new job. On joining the new job, the PF contribution of most of the employees has increased, which means their salary has increased. Also transferred the funds of your old EPF account to the new account.
More than 2 lakh women involved
In December 2022, 2.05 lakh women have joined the Employees Provident Fund account. Also, the percentage of new women members to total new entrants has increased from 25.14 per cent in November 2022 to 25.57 per cent in December.
State wise data
If we look at the state-wise data of EPFO payroll, the top 5 states in terms of adding total members are Maharashtra, Tamil Nadu, Gujarat, Karnataka, Haryana. Together, these states have added 60.08 percent to the total number of members in December. Among all the states, Maharashtra leads with 24.82 percent of the total members added during the month, followed by Tamil Nadu with 10.08 percent members.
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