No Tags Found!


N.Mohan
27

Dear Sir,
A Very recently Government has announced that the employer share of PF contribution will be borne by the Government in respect of the new employees recruited by the employer. I need clarification whether it is applicable to all the Garment Industries or only to the newly established Companies. Also, Please let me know whether this scheme has already been implemented or still in the process.

From India, Bangalore
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Saswatabanerjee
Partner - Risk Management
Ramesan.pt
Sr. Manager -hr
N.Mohan
Hr Professional

kumaracme
421

what you said is only a news of the government. it would take years to implement. hence do not expect the government will pay the share. regarding your query on garment industry and new industry all are covered under the act.
From India, New Delhi
saswatabanerjee
2383

It is a part of the incentive package announced by the government, and applies to jobs in new factories for a 3 year period. The detailed notification is awaited and should happen soon.
meanwhile you can go to the PRO at the nearest EPFO and ask, they will give you the current status and any information that is available on the scheme

From India, Mumbai
Ramesan.pt
41

Dear Friends,
Things are getting fast now.
This may happen soon.
Few guidelines are attached for your reference, please do not ignore it and start avail these benefits.
This is applicable to all establishments with new enrollment. There is a special package for textile industry compared to other industries...
Regards
Rameshan PT

From India, Coimbatore
Community Support on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2023 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.