EPFO net subscribers rise 56% to 11.55 lakh in October this year

The provisional payroll data of EPFO was released yesterday. It reveals that EPFO has added 11.55 lakh net subscribers in the month of October this year. Despite the COVID-19 pandemic, EPFO has added around 39.33 lakh subscribers during the current financial year from April to October, 2020. The data published comprises of members who have joined during the month and whose contribution has been received by EPFO for the wage month.   Year-on-year comparison shows that October, 2020 has registered...