As part of the PMGKY package, with a view to prevent disruption in the employment of low wage earning EPF members and support EPF covered establishments employing up to one hundred employees, the Central Govt. proposes to grant relief in form of credit of EPF & EPS contributions (24% of wages) for three months in UANs of contributory EPF members, earning monthly wage of less than Rs.15000/-, who are already employed in EPF covered establishments/factories employing up to one hundred employees with
90% or more of such employees earning monthly wage of less than Rs.15000/-
.To implement the above package, the Ministry of Labour, Govt. of India has notified a Scheme specifying the objective, eligibility criteria, validity period, process and manner to avail the relief. The EPFO has put in place an electronic mechanism as part of the Electronic Challan-cum-Return (ECR) filing to enable the establishments to avail the relief in respect of their eligible employees.
The employer in relation to any eligible establishment, shall disburse wages for the month to all employees of the establishment and file Electronic Challan cum Return (ECR) with required certificate and declaration to avail the benefit under the Scheme.
No comments:
Post a Comment