Dear Vishal,
You must register all employees whose UAN is generated on or after 1st April 2016, provided their gross salary is below INR 15,000 per month. Currently, 8.33% of the employer's share is automatically paid through the PMRPY scheme when generating the monthly contributions. The reimbursement of all previous months since April 2016 will be released by EPFO, probably in April 2018, including the calculation of interest on the said reimbursement. EPFO has already started communicating with registered employers to seed their bank account details and to confirm these (if some have not done the same during registration at PMRPY) for initiating these reimbursements.
From India, New Delhi
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32You must register all employees whose UAN is generated on or after 1st April 2016, provided their gross salary is below INR 15,000 per month. Currently, 8.33% of the employer's share is automatically paid through the PMRPY scheme when generating the monthly contributions. The reimbursement of all previous months since April 2016 will be released by EPFO, probably in April 2018, including the calculation of interest on the said reimbursement. EPFO has already started communicating with registered employers to seed their bank account details and to confirm these (if some have not done the same during registration at PMRPY) for initiating these reimbursements.
From India, New Delhi
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Could anyone please clarify whether the PMRPY scheme could be made applicable to a Manpower Supply Contractor who serves different clients.
In case a contractor is eligible for the scheme and experiences a drop or fall in employment from the reference base, is it correct that the establishment will not be eligible for the scheme in months where employment is below this reference base?
From India, Madras
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In case a contractor is eligible for the scheme and experiences a drop or fall in employment from the reference base, is it correct that the establishment will not be eligible for the scheme in months where employment is below this reference base?
From India, Madras
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