Can anybody enlighten me whether a contractor can register and avail the benefits under PMRPY scheme. Consider contractor is an individual / proprietor.
From India, Hubli
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4From India, Hubli
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Dear Habeeb,
If a contractor is registered under EPFO, then yes, he can opt for the PMRPY scheme if he meets all necessary conditions, such as not being a member previously before registration under EPFO for the PMRPY scheme. These employees are considered his direct employees.
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If a contractor is registered under EPFO, then yes, he can opt for the PMRPY scheme if he meets all necessary conditions, such as not being a member previously before registration under EPFO for the PMRPY scheme. These employees are considered his direct employees.
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PMRPY is applicable for all sectors. As rightly mentioned in an earlier reply, if employee-specific criteria are met - like first-time PF membership of an employee, wages not more than Rs. 15,000, and a net increase in the number of employees - then the PMRPY benefit is available irrespective of the business/industry of the employer.
CA. Manish Dafria
Indore
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CA. Manish Dafria
Indore
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PMRPY Scheme Guidelines.pdf