PIA organized camp on PF benefits under PMRPY
The Patiala Industries Association organissed an awareness camp about the benefits of Provident Fund for their fellow members. Assistant Provident Commissioner Patiala District Satish Kumar was the chief Guest.
He said Govt. of India has started a scheme named PMRPY-Pradhan Mantri Rozgar Protsahan Yojana. EPFO is its nodal agency, wherein Rs. 1000 crore has been approved as incentives to the employers for new employment generation. In this scheme 8.33 percent share of PF which was hitherto being paid by employer will now be reimbursed / paid by the central govt. and employer will have to pay only 3.67 percent of PF wages. Basic requirement for availing this benefit is that the UAN of the member should have been generated on or after 1-04-2016 and his wages should be upto 15,000/-
This scheme is in operation since September 2016. He urged the industrialists to register and avail the maximum benefits. The eminent industrialists of Patiala Rajinder Gupta, Ashwani Garg, Vikram Goel, Parvesh Mangla, HPS Lamba, Sandeep Gupta, Sanjay Singla were present at the event.