What you get
- Full reimbursement of employer’s contribution: 100% of the employer’s statutory EPF contribution will be reimbursed for eligible new employees. - Financial ceiling per employee: The reimbursement amount is limited to 12% of the employee’s basic salary plus Dearness Allowance (DA) and retaining allowance, or ₹1800/- per month, whichever is lower. - Long-term support: The reimbursement is available for a period of up to 10 years from the date of commencement of commercial production.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the "Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector"?
The "Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector" is a state initiative designed to support and strengthen the Large Industry and Thrust sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.
When is the scheme operative?
The scheme is operative from October 5, 2022, to October 4, 2027, covering a period of 5 years.
What are the objectives of the scheme?
The scheme aims to boost Large Industry growth, enhance the industrial ecosystem, encourage investments, and contribute to Gujarat's and India's self-reliance vision.
Who is eligible to benefit from the scheme?
Large Industries established and operating within Gujarat are eligible to benefit from the scheme, as per the criteria defined in the policy framework.
What is the "EPF Reimbursement" component?
EPF Reimbursement is a scheme that provides financial assistance to eligible large industrial undertakings in Gujarat for the employer's contribution to the Employees' Provident Fund (EPF) for new employees.
Who is eligible for EPF Reimbursement?
Only large industrial undertakings in Gujarat that hire new employees without a prior Universal Account Number (UAN) are eligible for EPF reimbursement under this scheme.
How much can an employer claim as EPF reimbursement?
Employers can claim 100% of the employer's statutory contribution to the EPF, with a ceiling of 12% of the employee's basic salary plus Dearness Allowance (DA) or INR 1800 per month, whichever is lower.
For how long can an employer avail the EPF reimbursement?
Employers can claim the EPF reimbursement for a maximum of 10 years from the date of commencement of commercial production.
What defines a new employee under this scheme?
A new employee is defined as someone who did not have a Universal Account Number (UAN) before joining the eligible industrial undertaking.
Can an employer claim reimbursement for existing employees?
No, the scheme only applies to new employees who do not have a UAN prior to joining the industrial undertaking.
How often can an employer claim the EPF reimbursement?
The EPF reimbursement is processed and provided on a quarterly basis.
What is the maximum amount of reimbursement per employee?
The maximum reimbursement amount per employee is either INR 1800 per month or 12% of the employee's basic salary plus DA, whichever is lower.
Can an employer claim EPF reimbursement if they have already received assistance under another scheme?
No, an employer cannot claim EPF reimbursement if they have already received EPF assistance under any other central or state government scheme for the same period.
Are there any conditions for claiming EPF reimbursement?
Yes, the assistance is available only for new employees hired beyond the pre-expansion or pre-diversification employee count. Claims must also be supported by valid payment receipts.
Can an employer apply for reimbursement before starting commercial production?
No, an employer can only apply for reimbursement after commercial production has commenced.
Is there a limit to the number of employees eligible for EPF reimbursement?
The reimbursement applies to new employees hired beyond the pre-expansion or pre-diversification employee count. There is no fixed limit, but it must be incremental.
What happens if an employer fails to submit EPF payment receipts on time?
If the EPF payment receipts are not submitted on time, the employer's reimbursement claim will not be processed for that period.