Pradhan Mantri Garib Kalyan Yojana

Submitted by shahrukh on Sat, 09/03/2024 - 13:11
CENTRAL GOVT CM
Scheme Open
Highlights

.

Customer Care
Pradhan Mantri Garib Kalyan Yojana - logo

Credit of employee’s & employer’s share of EPF & EPS contributions

The Government of India announced relief package on 26th of March 2020 under Pradhan Mantri Garib Kalyan Yojana (PMGKY) for the poor to help them fight the battle against Corona Virus Pandemic.

Under the scheme, the Central Government proposes to pay 24% of the monthly wages into EPF accounts for next 3 months of Wage earners below 15000 Rs per month, who are employed in establishments having up to one 100 employees, with 90% or more of such employees earning monthly wages less than Rs.15000/-.

Objective of the scheme:

To prevent problems in the employment of low wage earning employees and support establishments employing up to 100 employees.

Benefit

EPF Contribution

 

 

 

The entire employees EPF contributions (12% of wages) and employers’ EPF & EPS contribution (12% of wages), totalling 24% of the monthly wages for the next 3 months shall be directly paid by the Central Govt. in the EPF accounts (UAN) of employees, who are already members of EPF Scheme.

Employees benefit

 

 

 

Validity of Scheme:

The Scheme is in operation for the 3 wage months-

  • March, 2020,
  • April, 2020 and
  • May 2020.

Eligibility to avail benefits:

  • For Establishments:
    1. The establishment or factory should already be covered and registered under the Employees’ Provident Funds & Misc. Provisions Act, 1952.
    2. The total number of employees employed in the establishment should be up to 100 (one hundred), with 90% or more of such employees having monthly wages less than Rs.15000/-.                                          EPF Contribution2
  •  
  •  

 

  • For Employees:
    1. Employee should be employed in any eligible establishment earning monthly wages of less than Rs.15000/-.
    2. The UAN of the employee should be seeded with his/her Aadhaar.
    3. Employee should be a member of EPF Scheme, 1952 & Employees’ Pension Scheme, 1995 whose contributions are received for any period during last six months (September 2019 to February 2020)
    4. It is clarified that if any employee is already a registered beneficiary and his/her employer is availing benefits of payment of employer’s share by Central Government under PMRPY/PMPRPY 2016, no such benefit in r/o such employee shall be available under this Scheme of PMGKY.                    Benefits to Both

 

How to avail benefits under the Scheme:

  1. The employer of any eligible establishment, shall pay out wages for the month to all employees of the establishment and file Electronic Challan cum Return (ECR) Online.
  2. The employer of establishment claiming benefits under this Scheme have to file only one valid ECR for each of the months-
    • March, 2020,
    • April, 2020 and
    • May, 2020.
  3. That Form 5A (Ownership return) filed electronically should contain
    • Details of all branches/departments
    • EPF Code numbers, if any, allotted separately to such branches/departments.
  4. Once ECR is uploaded by an employer, then the challan will separately show such
    • amounts of employees’ and employers’ contributions as Central Govt. relief due under this Scheme in respect of eligible employees and
    • the remaining amount payable by the employer-contributions towards EDLI Scheme, 1976 and EPF administrative charges in respect of all employees as well as EPF & EPS contributions due in respect of ineligible employees.
  5. After the employer remits the payment due from him as reflected in challan as noted at above, the EPF & EPS contributions in respect of eligible employees will be credited directly in their respective UAN by the Central Govt.
  6. At the time of submission of the ECR, the employer shall be required to certify correctness of information furnished electronically in ECR and in Form 5A with an undertaking that the employer is liable for penal and coercive consequence for submitting any incorrect or false information/declaration to avail the relief.
Declaration

E-mail id for queries :

వ్యాఖ్యానించండి

సాదా పాఠ్యం

  • No HTML tags allowed.
  • లైన్లు మరియు పారాగ్రాఫులు వాటికవే వస్తాయి.