Pradhan Mantri Rojgar Protsahan Yojana

As per the recent amendment in the guidelines the Government of India will be paying full 12% employer's contribution (EPF and EPS both) w.e.f. 1st April 2018 for a period of three years to the new employees and to the existing PMRPY beneficiaries for their remaining period of three years through EPFO.  

 

The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) Plan Scheme has been designed for the generation of new employment. This scheme has double benefits, where, one side, the employer will be given incentive for increasing the employment base of workers in the establishment, and on the other, a large number of workers will find jobs in such establishments.

Conditions/Process for claiming benefit under PMRPY Plan Scheme

1.      Applicable for Employees (Semi-skilled/unskilled)

·         Employees covered must have Aadhar number

·         UAN should be updated with Aadhaar and verified

·         Employee Should not have Universal Account number (UAN) prior to 01-04-2016

·         Gross Salary must be less than Rs. 15001/- per month

Note : Gross Salary has not been defined under PF Act and Pradhan Mantri Rojgar Protsahan Yojana(PMRPY) Plan Scheme. As per our opinion Gross Salary means CTC Less Statutory Employer Contribution (Employer ESI, Employer PF, Gratuity (if part of CTC) etc.)            

·         12% Employer’s contribution will be paid by Government of India if submits employees details at PMRPY portal and deposit provident fund dues on or before 10^th of the following month.

2.      Details/documents required for Registration at  https://pmrpy.gov.in

·         Cancelled cheque of Company

·         Select appropriate Class and Sub-class.

Employers/Establishments applying for the Scheme shall be fully responsible for the information uploaded. If at any time, it is found that the information submitted is incorrect or false, it will be assumed that Employer contribution payment has not been made for these employees. The employer will then be liable for dues and penalties (Interest u/s 7Q 12% and Damages u/s 14B [5%-25%] ) as already specified under the relevant provisions of The Employees' Provident Fund Scheme, 1952.