New Scheme for enrolling with PF - Employees Enrolment Campaign 2017
Any employer who has not taken registration under PF can now take registration under a very beneficial scheme.
This scheme will be operative till 31.03.2017.
If you opt for this scheme, you need not have to pay 'employee's share' of PF.
You have to pay only Employer's share of PF and interest only. (Simple interest of 12%)
No administrative charges to be paid for this period.
Damages at the rate of Rs. 1 per employee per annum is only payable.
This scheme can be availed for employees who became eligible for PF between 01.04.2009 t0 01.02.2017
There will not be any inspection regarding this declaration
You have to pay the amount due within 15 days of the filing of declaration under this scheme.
Scheme can be filed for employees who have worked in the above mentioned period and is alive and is traceable as of now
Those employers who have received an enquiry notice u/s 7A already can not avail this opportunity for the period of enquiry as per that notice.
