10% contribution by Government in EPF of new employees

[CA-Gourav Garg]

I want to know that if any existing employee of a company whose salary is greater than the specified limit of EPF act, registered under EPF voluntary by his/her employer on or after 01-04-2018 and his employer makes contribution and he/she him/herself makes contribution in EPF. Then whether he/she will eligible for contribution of 10% by government for 3 years as per Budget-2018?

AI Summary

Eligibility Debate: Government Contribution for Employees Enrolling in EPF Post-April 2018 Under Budget 2018 A discussion on a forum addressed whether existing employees with salaries above the EPF Act's specified limit, who voluntarily register for EPF after April 1, 2018, are eligible for a 10% government contribution for three years as per Budget 2018. The consensus among participants, including Ramaswamy S and CA-Gourav Garg, was that this benefit is intended for newly enrolled employees, not existing PF members. However, Ravikumar Muthusamy noted that employees without a UAN who enroll for the first time after April 2018 could be eligible for the contribution.