Dear All,
Please find attached a circular by EPFO dated 30.09.2016 on implementation of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) for your information and implementation.
Please also find attached guidelines of the Scheme.
According to this scheme, effective from 9th August 2016 onwards the employers who are registered with EPFO will be incentivise by paying by GOI 8.33% EPS contribution of employer in respect of new employees with new UAN. This benefit would be applicable in case new employee drawing salary i.e. basic + DA less than Rs. 15000 and there is an increase in employment in the establishment. The benefit under this scheme would be given up to three year.
Apparel Industry will be getting additional benefit of 3.67% - PF contribution of employer.
Please find attached a circular by EPFO dated 30.09.2016 on implementation of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) for your information and implementation.
Please also find attached guidelines of the Scheme.
According to this scheme, effective from 9th August 2016 onwards the employers who are registered with EPFO will be incentivise by paying by GOI 8.33% EPS contribution of employer in respect of new employees with new UAN. This benefit would be applicable in case new employee drawing salary i.e. basic + DA less than Rs. 15000 and there is an increase in employment in the establishment. The benefit under this scheme would be given up to three year.
Apparel Industry will be getting additional benefit of 3.67% - PF contribution of employer.
2 Attachment(s) [Login To View]