Saswatabanerjee
Partner - Risk Management
Ramesan.pt
Group Compliance Manager
N.Mohan
Hr Professional

Thread Started by #N.Mohan

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.
3rd September 2016 From India, Bangalore
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.
8th September 2016 From India, New Delhi
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
10th September 2016 From India, Mumbai
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
12th September 2016 From India, Coimbatore
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