What you get
Reimbursement of employee's contribution to the EPF for their employees for the first three years from the date of commencement of commercial production, subject to a maximum of ₹ 24,000/- per employee per annum.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Is the size of the documents for application restricted?
Yes, the file size should be less than 200 kb, and the file type should be PDF (.pdf).
When should an enterprise file an application for the previous year's claim?
The application must be filed within 3 months after the completion of the financial year for the previous year's claim.
Are service MSMEs eligible for the subsidy?
No, all service MSMEs are excluded from the Payroll Subsidy scheme.
Can additional enterprises be excluded by the government?
Yes, any other enterprise or activity may be notified by the Government for exclusion.
What evidence is required for employee employment verification?
The evidence includes statutory returns like those filed under the Employee Provident Fund Act, 1952.
How is employee strength monitored for eligibility?
The claim considers only regular workers, and if employee strength falls below 20 for any month, the claim is restricted to the qualifying months.
Can enterprises outside industrially backward blocks apply for the scheme?
Yes, all micro enterprises in the state of Tamil Nadu are eligible, irrespective of their location.
Is there a limit on the number of employees for eligibility?
Yes, the unit should have employed more than 20 persons to qualify for the Payroll Subsidy scheme.
When does the reimbursement period start for commercial production?
Reimbursement starts from the date of commencement of commercial production and covers the first three years.
What is the maximum reimbursement amount per employee under the Payroll Subsidy scheme?
The scheme provides a maximum reimbursement of [?]24,000 per employee per annum for their EPF contributions in the first three years.
Are temporary or contract workers considered for the subsidy?
No, only regular workers are considered. Casual, temporary, or contract workers are not included in the scheme.