EPFO Payroll Data: EPFO adds 16.94 lakh net members in August 2022 - NEWS HUB

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Thursday, October 20, 2022

EPFO Payroll Data: EPFO adds 16.94 lakh net members in August 2022

Of the total 16.94 lakh members added during the month, around 9.87 lakh new members have come under the ambit of EPFO for the first time. Out of 9.87 lakh new members added, approximately 58.32% are from the age-group of 18-25 years of age. This age-group signifies a crucial stage for an individual’s potential in terms of earning capacity and joining organized workforce in large numbers following their education.

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