PMGKY scheme on EPFO

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This discussion clarifies the eligibility criteria for the PMGKY scheme under EPFO, specifically concerning employee salary thresholds. The consensus is that the scheme's benefit applies if the employee's EPF wages (as reported in the ECR) are less than £15,000, even if their gross salary exceeds this amount. The key figure for eligibility is the 'EPF wages' or 'EDLI wages' reported in the EPF return, not the total gross earning.

Dibyendu Mazumder

Dibyendu Mazumder (Querist)

18 April 2020 Is employees gross salary more than 15000, but total of Basic and DA less than 15000, eligible to get benifit under PMGKY scheme under EPFO at the time pf prepairing ECR, provided that he fulfill all other conditons of this scheme.please clarify.

RAJA P M

RAJA P M (Expert)

18 April 2020 Yes... If employees EPF salary amount is less than 15k then PMGKY is available.

Dibyendu Mazumder

Dibyendu Mazumder (Querist)

18 April 2020 Gross or Basic +DA please clarify that

RAJA P M

RAJA P M (Expert)

19 April 2020 Value which is shown in EPF return under "EPF wages / EDLI wagea" or. Basic + Da

Dibyendu Mazumder

Dibyendu Mazumder (Querist)

22 April 2020 Sir, clear me in PMGKY scheme salary defination is Gross or Badic with DA?

RAJA P M

RAJA P M (Expert)

22 April 2020 How can I clear if You don't know EPF wages in filling EPF return...? How to You file EPF return...? which figures You shown in EPF return for employees salary as Gross wages, EPF wages, EDLI wages & EPS wages...? check In the EPF return...