EPFO has received Rs 57,846 crore as contribution from its subscribers in the first quarter of this fiscal
As Covid relief measures, the government allowed subscribers to withdraw advances from their PF accounts subject to certain terms and conditions
The number of new subscribers is based on Universal Account Numbers or UAN generated in the system
During 2020-21, the Employees' Provident Fund Organisation (EPFO) added 77.08 lakh new members. In the year-ago period, it was at 78.58 lakh
If you are withdrawing money for COVID-19 related reasons, you don’t have to put the money back into your account
Due to the impact of the pandemic, there were job losses and it resulted in erosion of savings
Despite pandemic's impact, EPFO added around 62.49 lakh subscribers during the first tens month of the ongoing fiscal year
Retirement fund body Employees' Provident Fund Organisation (EPFO) on March 4 maintained interest rate of 8.5% for 2020-21