Monday, May 17, 2021

Hardships faced by the salaried: 35 million workers tapped provident fund accounts since April 2020

Nearly 7.2 million of these workers together availed of the non-refundable Covid advance that was allowed last year amounting to Rs 18,500 crore between April 1, 2020, and May 12, 2021, data from the Employees’ Provident Fund Organisation (EPFO) showed. EPFO subscribers number about 60 million.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2RqKL86

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