Can it be made applicable for existing Provident Fund covered employer. Especially the Employers, whose man power position is flexible / depends due to order / supply or / demand in position.
The Scheme is clear as follows:
“In case, an establishment eligible for a scheme has a drop / fall in employment from the reference base, the establishment will not be eligible for the scheme in the months where employment is below reference base”
Similarly for a Man power supply contractor who has many clients, can the scheme become enforcebale?
Finance Minister Arun Jaitley said in this Budget 2018 speech. This will help in promoting job creation, he said.
Contributions from women employees will be brought down from 12 per cent to 8 per cent, the finance minister said.
70 lakh formal jobs have been created this year, the minister added.”
The Government to contribute 12% of Employer Provident Fund for new employees in all sectors for a period of 3 years
2. Employer(who are already covered under EPFO) in and around chennai are in the process for the PMRPY scheme wef 2017.
The above proposal / bill is passed and any amendments to the original scheme is made?
Members please clarify!
The Scheme is clear as follows:
“In case, an establishment eligible for a scheme has a drop / fall in employment from the reference base, the establishment will not be eligible for the scheme in the months where employment is below reference base”
Similarly for a Man power supply contractor who has many clients, can the scheme become enforcebale?
Finance Minister Arun Jaitley said in this Budget 2018 speech. This will help in promoting job creation, he said.
Contributions from women employees will be brought down from 12 per cent to 8 per cent, the finance minister said.
70 lakh formal jobs have been created this year, the minister added.”
The Government to contribute 12% of Employer Provident Fund for new employees in all sectors for a period of 3 years
2. Employer(who are already covered under EPFO) in and around chennai are in the process for the PMRPY scheme wef 2017.
The above proposal / bill is passed and any amendments to the original scheme is made?
Members please clarify!