Relief Measures Under Self Reliant India (Atmanirbhar Bharat) Movement for Labour Laws Amidst COVID-19 Pandemic
This is subsequent to relief measures announced earlier for labour laws amidst Covid-19 Pandemic.
As per the Self Reliant India Movement (Atmanirbhar Bharat) announced with effect from 13th May 2020, following additional reliefs are given for compliance under Employees Provident Fund Act.
Employees Provident Fund &MP Act :-
1. GOI has extended the Pradhan Mantri Garib Kalyan Yojna (PMGKY) till August 2020.
2. For all those employees and establishment who are NOT covered under PMGKY, the statutory EPF rate of contribution will be reduced from existing 12% to 10% till August 2020.
Central Public Sector Enterprises and State Public Sector Units will however continue to contribute 12% as employer contribution.
3. Gov has also given relaxation the condition of simultaneously paying the dues after filing the ECR . The establishments can now pay the dues later after filing the ECR however, dues should be paid within the due dates / extended due dates.
4. No penal action against the employer, if ECR is filed in time and dues are paid within the extended time.