Dear Sir,
Very recently, the government announced that the employer's share of PF contribution will be borne by the government for new employees recruited by the employer. I need clarification on whether this applies to all garment industries or only to newly established companies. Additionally, please inform me whether this scheme has already been implemented or is still in progress.
From India, Bangalore
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28Very recently, the government announced that the employer's share of PF contribution will be borne by the government for new employees recruited by the employer. I need clarification on whether this applies to all garment industries or only to newly established companies. Additionally, please inform me whether this scheme has already been implemented or is still in progress.
From India, Bangalore
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What you said is only a news of the government. It would take years to implement; hence, do not expect the government will pay the share. Regarding your query on the garment industry and new industry, all are covered under the act.
From India, New Delhi
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From India, New Delhi
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It is a part of the incentive package announced by the government and applies to jobs in new factories for a three-year period. The detailed notification is awaited and should happen soon.
Meanwhile, you can go to the PRO at the nearest EPFO and ask; they will give you the current status and any information available on the scheme.
From India, Mumbai
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Meanwhile, you can go to the PRO at the nearest EPFO and ask; they will give you the current status and any information available on the scheme.
From India, Mumbai
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Dear Friends,
Things are moving quickly now. This may happen soon. A few guidelines are attached for your reference; please do not ignore them and start to avail of these benefits. This is applicable to all establishments with new enrollments. There is a special package for the textile industry compared to other industries.
Regards,
Rameshan PT
From India, Coimbatore
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Things are moving quickly now. This may happen soon. A few guidelines are attached for your reference; please do not ignore them and start to avail of these benefits. This is applicable to all establishments with new enrollments. There is a special package for the textile industry compared to other industries.
Regards,
Rameshan PT
From India, Coimbatore
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PF 10 Feb 2016 Incentive Refund Scheme of Admn charges of 10 or 5 percent in year 2016.pdf