EPFO urges employers to avail of Employee Enrolment Scheme
A nationwide awareness campaign has been initiated to inform employers about the benefits and provisions of the scheme.
A nationwide awareness campaign has been initiated to inform employers about the benefits and provisions of the scheme.
The minister highlighted that EPFO has long served as a pillar of financial security for crores of workers across the country.
Mandaviya launched the scheme on the occasion of the Employees’ Provident Fund Organisation's (EPFO's) 73rd Foundation Day.
Trinamool Congress MP Saket Gokhale Wednesday, in an X post, had described the EPF withdrawal changes as "theft of salaried people's money" while terming the decisions as "shocking and ridiculous".
The scheme will be operational from 1 November 2025 to 30 April 2026.
The Employees' Provident Fund Organisation (EPFO) added 18.81 lakh members representing a 9.33% year-on-year growth in September signifying increased employment opportunities and heightened awareness of employee benefits.
A meeting of the Employees' Provident Fund Organization has decided to hire two Chartered Accountant firms for the preparation of Annual Financial Statements of the EPFO, and to facilitate the automation of the process of preparation of financial statements.
The Employees' Provident Fund Organisation (EPFO) added around 9.30 lakh new members in August 2024, representing a 0.48% increase in new members compared to August 2023.
Union Minister of Labour & Employment Dr Mansukh Mandaviya released the provisional payroll data, and mentioned that the EPFO has added 19.94 lakh net members in July, marking the highest recorded increase since payroll data tracking began in April 2018.
This directive was issued during a review meeting held with EPFO officials here on Friday.