Thread Started by

Please help me with PMRPY scheme, in detail and is it compulsory for all employers. What are the advantages and disadvantages?
10th July 2017 From India, Bengaluru
It is not compulsory. But, why do you want to waste an opportunity to save money. It will help the employer to save 8.33% of employer share paid to new employees.
The eligibility concept is given below:-
1. The employee strength of the given month should not be less than the employee strength in the month of March of previous FY.
2. The employee should be a fresher. ie., no previous employment records in PF.
3. The employee should receive salary (gross) less than Rs. 15,000.
If all the above conditions are met, then you can apply for PMRPY registration for the particular employee in the given month.
11th July 2017 From India, Chennai
Thank you for giving useful information. Regards, Jeevan, HR Executive. Bangalore.
11th July 2017 From India, Bengaluru
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2017 Cite.Co™