The EPFO has added 17 lakh and 89 thousand members on net basis in June this year. As per the Labour Ministry data, month to month comparison of the payroll data shows an increasing trend in the enrollment with adding up of 9.71 per cent net members over previous month of May 2023.
The overall remittance also
testifies the highest numbers in the last 11 months, since August 2022.
The data also reveals that 3,491 establishments have extended social security cover of EPFO to their employees by remitting their first electronic return during the reported month.