AATMANIRBHAR GUJARAT SCHEME 2022–27

EPF (Employment Provident Fund) Reimbursement:

Enterprise shall be able to claim reimbursement of employer’s contribution under Employees’ Provident Fund (EPF) made by them for their new employees working in Gujarat for a maximum period of 10 years from the date of commencement of commercial production.

The reimbursement shall be subject to the following criteria:

1. 100% of employer’s statutory contribution under EPF amount paid, and
2. The ceiling of incentive amount per employee will be 12% of the employee’s basic salary plus applicable Dearness Allowance (DA) and retaining allowance or INR 1800 per month, whichever is lower.

Conditions for EPF Reimbursement:

 1 In case of eligible expansion/diversification by an enterprise, the assistance will be available for incremental employee count beyond the count that existed before undertaking expansion/diversification, and

2 New Employee means such employee who did not have a Universal Account Number (UAN) prior to joining the eligible enterprise and joins the enterprise during the operative period of the scheme.

3 The reimbursement shall be done on a quarterly basis based on payment receipts submitted by the employer, and

4 MSME that have Availed EPF reimbursement under any scheme of the Central/ state government, or any agency of the central/ state government, shall not be eligible for EPF reimbursement under this scheme for that period.