Dec 11, 2024 · The scheme will be applicable to an employee for 2 years after enrolment with the EPFO. This scheme will incentivise additional employment in the manufacturing sector and is expected to benefit 30 lakh youth joining employment and their employers.

Jan 11, 2025 · Employees looking to claim monetary benefits under the Employment Linked Incentive (ELI) scheme must activate their UAN) and link their Aadhaar to their bank account. This mandatory process, overseen by the Employee Provident Fund Organisation (EPFO), is essential for availing the scheme's benefits.

Sep 17, 2024 · Scheme A: Targeting first-time employees in the formal sector registered with EPFO, this scheme offers a one-month wage (up to Rs. 15,000) in three instalments. Scheme B : Focusing on job creation in manufacturing, this scheme incentivizes both employees and employers for the additional employment of first-time employees, offering benefits ...

Nov 25, 2024 · Activation of Universal Account Number (UAN) and seeding of Aadhaar to bank account is must for employees who wish to claim benefit of Employment Linked Incentive (ELI) scheme, which is administered through the Employees Provident Fund Organisation (EPFO).

Jan 13, 2025 · The EPFO has extended the deadline to January 15, 2025, for UAN activation and Aadhaar linking to access the Employment Linked Incentive (ELI) Scheme benefits, offering job creation...

Nov 21, 2024 · To ensure that maximum number of employers and employees benefit from the Employment Linked Incentive (ELI) Scheme announced in Union Budget 2024-25, the Ministry of Labour & Employment has directed EPFO to work in a campaign mode with Employers and ensure activation of Universal Account Number (UAN) of employees.

Nov 25, 2024 · Employees must activate their Universal Account Number (UAN) and seed Aadhaar with their bank accounts by November 30, 2024, to claim benefits under the Employment Linked Incentive (ELI) scheme, administered by EPFO.

Dec 6, 2024 · The EPFO has extended the deadline to link UAN and Aadhaar under the ELI scheme to mid-December, aiming to boost job creation with incentives for employees and employers.

Nov 28, 2024 · Employees must activate their Universal Account Number (UAN) and link Aadhaar to their bank accounts by November 30, 2024 to be eligible for the Employment Linked Incentive (ELI) scheme.

Nov 22, 2024 · EPFO requires UAN activation and Aadhaar-bank seeding for ELI Scheme benefits under DBT. Employers must comply by November 30, 2024, for eligible employees.