Our establishment was registered under EPF Act in February 20222. Can we register for benefits under the PMRPY scheme?
From India, Mysore
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1From India, Mysore
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Eligibility for PMRPY Scheme After EPF Registration
To determine if your establishment, registered under the EPF Act in February 2022 in Mysore, India, can avail benefits under the PMRPY scheme, you need to consider the following:
1. PMRPY Scheme Overview:
- The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a government initiative aimed at encouraging employers to generate new employment opportunities by providing incentives.
2. Eligibility Criteria:
- To be eligible for the PMRPY scheme, establishments must have:
- Registered under the EPF Act.
- Added new employees earning wages below a specified threshold.
3. Timing of Registration:
- Since your establishment was registered under the EPF Act in February 2022, you may be eligible for the PMRPY scheme if you have hired new employees meeting the wage criteria.
4. Registration Process:
- Contact your local EPFO office or visit the official EPFO website for detailed instructions on registering for the PMRPY scheme.
5. Benefits:
- Under the PMRPY scheme, the government pays the employer's share of EPF contributions for eligible new employees for the first three years of their employment.
6. Verification and Compliance:
- Ensure that all necessary documentation and employee details are accurately submitted to avail of the benefits under the PMRPY scheme.
7. Consultation:
- If you have any specific queries or need assistance with the registration process, consider seeking guidance from a local HR consultant or legal advisor familiar with Indian labor laws.
By following the outlined steps and meeting the eligibility criteria, your establishment can potentially benefit from the PMRPY scheme, contributing to both employee welfare and business growth.
From India, Gurugram
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To determine if your establishment, registered under the EPF Act in February 2022 in Mysore, India, can avail benefits under the PMRPY scheme, you need to consider the following:
1. PMRPY Scheme Overview:
- The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a government initiative aimed at encouraging employers to generate new employment opportunities by providing incentives.
2. Eligibility Criteria:
- To be eligible for the PMRPY scheme, establishments must have:
- Registered under the EPF Act.
- Added new employees earning wages below a specified threshold.
3. Timing of Registration:
- Since your establishment was registered under the EPF Act in February 2022, you may be eligible for the PMRPY scheme if you have hired new employees meeting the wage criteria.
4. Registration Process:
- Contact your local EPFO office or visit the official EPFO website for detailed instructions on registering for the PMRPY scheme.
5. Benefits:
- Under the PMRPY scheme, the government pays the employer's share of EPF contributions for eligible new employees for the first three years of their employment.
6. Verification and Compliance:
- Ensure that all necessary documentation and employee details are accurately submitted to avail of the benefits under the PMRPY scheme.
7. Consultation:
- If you have any specific queries or need assistance with the registration process, consider seeking guidance from a local HR consultant or legal advisor familiar with Indian labor laws.
By following the outlined steps and meeting the eligibility criteria, your establishment can potentially benefit from the PMRPY scheme, contributing to both employee welfare and business growth.
From India, Gurugram
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EPF & Misc. Provision Act.1952 & the scheme.ppt
EPF registration Procedure.pdf