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You are here: Home / EPF / Payment of Employer’s full contribution 12% towards EPF and EPS from Apr 2018

Payment of Employer’s full contribution 12% towards EPF and EPS from Apr 2018

December 5, 2018 pcadmin Leave a Comment

Payment of Employer’s full contribution 12% towards EPF and EPS both w.e.f 01.04.2018. for a period of three years to the new employees and existing beneficiaries for their remaining period of three years through EPFO-reg

Anuradha Prasad, IDAS
Additional Secretary

MINISTRY OF LABOUR & EMPLOYMENT
GOVERNMENT OF INDIA
SHRAAM SHAKTI BHAWAN, RAFI MARG,
NEW DELHI-110119

D.O. No. DGE-U-13015/1/2016-MP(G)

Dated the October 23, 2018

Dear Sir/Madam,

As you are aware, the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) was launched on 9th August, 2016 with the objective to incentivise employers for creation of new employment. Under the scheme, Government of India is paying Employer’s full contribution i.e. 12%, towards EPF and EPS both (as admissible from time to time) w.e.f. 01.04.2018 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 terminal date for registration of beneficiary through an establishment is 31st March, 2019. The scheme is targeted for new employees earning upto Rs. 15,000/- per month only.

2. Ministries/Departments/their organisations/PSUs are engaging contract agencies for various services. In this connection, it is requested to kindly ensure before releasing payments to the contractor that the employer’s contribution (12% EPS and EPF both) has been made/paid by the contractor himself and he has not availed the benefits under PMRPY scheme so that there is no double payment on the part of Government.

3. The nodal officer(s) in EPFO who can be contacted for any clarification in this regard are Dr. S.K. Thakur, Additional Central Provident Fund Commissioner (Phone: 011-26172677, e-mail: [email protected]) and Smt. Aprajita Jaggi, Regional P.F. Commissioner (Phone No. 011-26173877, e-mail: [email protected]).

With regards,

Yours sincerely,
(Anuradha Prasad)

Signed Copy

Filed Under: EPF

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