Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector: EPF Reimbursement
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The "Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector" aims to provide incentives to attract increased investments in the manufacturing sector to create more employment opportunities in Gujarat.
Benefit Type
Cash
Eligibility Criteria
1. A new large industrial undertaking, or an existing one that undertakes expansion and/or diversification, is eligible for this scheme. 1. The large industrial undertaking must have obtained acknowledgment/registration, as the case may be from DPIIT. 1. The industry should commence commercial production during the scheme&39;s operative period. 1. Must have new employees (those who do not have a Universal Account Number or UAN prior to joining the undertaking). 1. Must not have availed EPF reimbursement under any other central or state government schemes for the same period.
Application Mode
Online
Application Process
> Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID. Step-4: After verification, you will be registered successfully. > Post-Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> portal. Click on "Login". Step-2: Enter the email address and password you used during registration. Step-3: Click the "Login" button to access your account. Step-4: Now fill in the required details and mandatory documents about your business to complete the application process. > Helpdesk: <nis:link nis:type=webUrl nis:id=slugId nis:text="Contact Here" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static nis:enabled=true/>
Required Documents
- Proof of new UAN account for each employee for whom the assistance is to be claimed (one time for every unique UAN). Provisional Eligibility Certificate issued under the Scheme (If Applicable). Final Eligibility Certificate issued under the Scheme. Summary and Detailed Employment Statement. Attendance Register / Salary Register for last month of Claim Period. Details of Apprentice (If applicable). Salary Slip of all Employees for which EPF Reimbursement Claimed. Payments proof of EPF. CA Certified details of Basic salary and DA and retaining allowances in prescribed format. Copy of Bank Statement for salary payment. Valid CCA from G.P.C.B. (If applicable). Attendance / Salary Register for the Last Month of Claim Period. Employment Statement for the Last Month of the claim Period (in Prescribed Format). Authority Letter duly certified with Board Resolution, Directors / Partners / Owner. (Authorised Person should be any Director/Partner/at-least Employee of the Company). Affidavit in prescribed format.
FAQs
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.