Dear Sir/Madam,
As an employer, we have declared an employee headcount between 51 to 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration. We are receiving a subsidy for both the employee and employer share (24%) for eligible employees. Now, the employee headcount is going to exceed 1000.
We request you to please do the needful for the following things:
1. Will an establishment continue to get support for both the employee and employer share (24%) even if the number of contributing EPF members with UAN exceeds 1000 in the forthcoming wage month during the scheme period?
2. Is it required to edit the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
3. Do we need to change and declare the employee headcount above 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
4. Will our establishment continue to get the subsidy of the employer's share even if the number of contributing EPF members with UAN exceeds 1000 during the scheme period?
5. Is it possible to edit and declare the employee headcount above 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
6. If we declare the employee headcount above 1000, will our establishment continue to get the subsidy of the employer's share?
Thanks
From India, Hyderabad
As an employer, we have declared an employee headcount between 51 to 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration. We are receiving a subsidy for both the employee and employer share (24%) for eligible employees. Now, the employee headcount is going to exceed 1000.
We request you to please do the needful for the following things:
1. Will an establishment continue to get support for both the employee and employer share (24%) even if the number of contributing EPF members with UAN exceeds 1000 in the forthcoming wage month during the scheme period?
2. Is it required to edit the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
3. Do we need to change and declare the employee headcount above 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
4. Will our establishment continue to get the subsidy of the employer's share even if the number of contributing EPF members with UAN exceeds 1000 during the scheme period?
5. Is it possible to edit and declare the employee headcount above 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) Employer Declaration?
6. If we declare the employee headcount above 1000, will our establishment continue to get the subsidy of the employer's share?
Thanks
From India, Hyderabad
In the scenario where the employee headcount exceeds 1000 in the Aatmanirbhar Bharat Rojgar Yojana (ABRY) scheme, the following actions are recommended:
1. According to the guidelines of the ABRY scheme, an establishment will not be eligible for the subsidy on both the employee and employer share if the number of EPF members with UAN exceeds 1000. Therefore, the support for both shares may cease once this threshold is crossed.
2. It is advisable to review and update the ABRY Employer Declaration to reflect the accurate employee headcount. This ensures compliance with the scheme's requirements and facilitates any necessary adjustments to subsidy eligibility.
3. As the employee headcount surpasses 1000, it is essential to declare this change in the ABRY Employer Declaration promptly. Failure to update this information may lead to discrepancies in subsidy allocation.
4. If the number of contributing EPF members with UAN exceeds 1000, the establishment may no longer receive the subsidy for the employer's share. It is crucial to align with the scheme's regulations to avoid any disruptions in subsidy benefits.
5. Editing and declaring the increased employee headcount above 1000 in the ABRY Employer Declaration is a necessary step to ensure accurate reporting and adherence to the scheme's guidelines.
In conclusion, maintaining transparency and compliance with the ABRY scheme's regulations regarding employee headcounts is crucial to continue receiving subsidies effectively. Regularly updating declarations and adhering to the scheme's requirements will help in managing subsidy benefits appropriately.
From India, Gurugram
1. According to the guidelines of the ABRY scheme, an establishment will not be eligible for the subsidy on both the employee and employer share if the number of EPF members with UAN exceeds 1000. Therefore, the support for both shares may cease once this threshold is crossed.
2. It is advisable to review and update the ABRY Employer Declaration to reflect the accurate employee headcount. This ensures compliance with the scheme's requirements and facilitates any necessary adjustments to subsidy eligibility.
3. As the employee headcount surpasses 1000, it is essential to declare this change in the ABRY Employer Declaration promptly. Failure to update this information may lead to discrepancies in subsidy allocation.
4. If the number of contributing EPF members with UAN exceeds 1000, the establishment may no longer receive the subsidy for the employer's share. It is crucial to align with the scheme's regulations to avoid any disruptions in subsidy benefits.
5. Editing and declaring the increased employee headcount above 1000 in the ABRY Employer Declaration is a necessary step to ensure accurate reporting and adherence to the scheme's guidelines.
In conclusion, maintaining transparency and compliance with the ABRY scheme's regulations regarding employee headcounts is crucial to continue receiving subsidies effectively. Regularly updating declarations and adhering to the scheme's requirements will help in managing subsidy benefits appropriately.
From India, Gurugram
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.