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Wednesday, April 25, 2018

Amendments To The Guidelines Of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) For EPF And EPS Members

As per EPFO circular dated 24th April 2018, the EPFO has intimated an amendment to the guidelines of Pradhan Mantri Rojgar Protsahan Yojana. 
( Earlier this Scheme was introduce in the Month of Aug-2016 where in if the following conditions were full fill then only Employer could take the benefit of the same) earlier only 8.33 % benefit was given by the Govt                                                                                                                                                                                                                                                                                                                                                                                             1.. The appoint date of the respective employee should be after 1st Apr 2016 
2. He should not hold any UAN Number
3. His KYC should be verified.
4  His Gross Salary Should be Less then 15000.

In regards to the above EPFO Field officer had done a very good hard work to implement & explain the same. in the Start of the scheme many Hurdles had occurred in the online portal but now it is running smoothly.

Now as per the announcement in the finance bill 2018-2019 , and As per the amendment to the guidelines the Government of India will pay the full 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 beneficiaries for their remaining period of three years through EPFO. The last date of registration of beneficiary through establishment is 31st March 2019

Circular :- 👉Amendment_PMRPY_(employee-Employer)