{"id":30525,"date":"2021-03-15T19:32:32","date_gmt":"2021-03-15T14:02:32","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=30525"},"modified":"2021-03-15T19:32:32","modified_gmt":"2021-03-15T14:02:32","slug":"contributions-of-the-employee-and-employer","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/contributions-of-the-employee-and-employer\/","title":{"rendered":"Contributions of the Employee and Employer"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<h4>Contributions of the Employee and Employer<br \/>\n<span id=\"ltrSubtitle\"><\/span><\/h4>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\">March 15th<\/div>\n<div class=\"pt20\">Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been started to incentivize employers for creation of new employment with social security benefits and restoration of loss of employment during COVID 19 pandemic. Under the scheme<\/div>\n<ol>\n<li>An employee drawing monthly wage of less than Rs.15000\/- who was not working in any establishment registered with the Employees\u2019 Provident Fund Organization (EPFO) before 1<sup>st<\/sup>\u00a0October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1<sup>st<\/sup>\u00a0October 2020 is eligible for the benefit.<\/li>\n<li>Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than Rs. 15000\/- who made exit from employment during Covid 19 pandemic from 01.03.2020 to 30.09.2020 and did not join employment in any EPF covered establishment up to 30.09.2020 is also eligible to avail benefit.<\/li>\n<\/ol>\n<p>This scheme being implemented through the Employees\u2019 Provident Fund Organisation (EPFO), reduces the financial burden of the employers and will motivate them to hire more workers. Under ABRY, Government of India is crediting for a period of two years,\u00a0\u00a0\u00a0 both the employees\u2019 share (12% of wages) and employers share (12% of wages) of contribution payable or only the employeesshare, depending on employment strength of the EPFO registered establishments. The scheme has commenced from 1<sup>st<\/sup>\u00a0October 2020 and shall remain open for registration of eligible employers and new employees upto 30<sup>th<\/sup> June 2021. Government will pay the subsidy for two years from the date of registration. This information was given by Minister of State (I\/C) for Labour &amp; Employment Shri Santosh Kumar Gangwar in a written reply in Lok Sabha.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 Contributions of the Employee and Employer March 15th Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been started to incentivize employers for creation of new employment with social security benefits and restoration of loss of employment during COVID 19 pandemic. Under the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":30509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[122],"tags":[16358],"class_list":{"0":"post-30525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-contributions-of-the-employee-and-employer"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/30525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=30525"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/30525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/30509"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=30525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=30525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=30525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}