Biggest EPFO Update ! ₹15,000 Joining Bonus | Employment Linked Incentive Scheme | Budget 2024

[@LabourLawAdvisor]

Payroll & Compliance Course by LLA: link.lla.in/compliance Use Code “LLA” for a Special Discount (First 1000 People only!)

[@souravmondal9880]

@labourlawadvisor I am getting a lot of calls from bank regarding overdraft loan, they are saying it is interest free , can you please do a detailed video regarding this

[@NewMovie-x5k]

Q❤

[@pubggamer-ud3hk]

What about those who already have uan and regular epfo customer.?

[@CrickDo3297]

Experience ke liye kya?

[@rohanbawri2794]

Here the salary is the basic salary or the Salary including HRA and other benefits?(i am asking for scheme C)

[@ChandravijayAgrawal]

government doesn't understand how to really increase employment, incentive is not the solution at all, it is just taking money from existing employees and giving to new one

[@handsomejack8259]

Instead of this they should have implemented Reservation in the Private Sector for SC/ST/OBC people.

[@akashsamajdar4293]

@@handsomejack8259😂😂

[@adityavikramsingh9483]

​​@@handsomejack8259karnatka tried reservation, private sector threatened to leave. Any reservation in private sector will get huge backlash from them. It is not a viable option. Probably private players will start leaving Indian markets. Reservation in private sector is likely to be harmful for India instead of being useful.

[@parlok]

@@handsomejack8259😂😂

[@arnab1410]

@@handsomejack8259 As soon as you do that, it will make a lot of companies leave India.

[@pulkitjain8135]

It will also be a part of CTC😂😂, and govt already said it's not compulsory just a nudge to companies.

[@kartikeyjoshi679]

Exactly 😂😂

[@sabkaBaap007]

Wahi to Bhai..,jbtk CTC ka drama h aise cheezo ka koi fayeda ni h

[@Nextgentrick]

Okay the it would be a scam by employer if it is part of CTC It is not cost to company the government is paying it

[@subhasisjoshi8135]

True ...it is not compulsory

[@arunkumarrai1988]

सबसे मजे की बात तो ये है कि contract worker के लिए कोई रूल नहीं बनाया गया है और सभी compny me worker contract पे ही काम करते हैं 😂😂😂😂😂

[@mrajaybhigaming6125]

Right😂

[@RakeshLodi-f1d]

Worker ko company hired nahi karti vo contract bas pe hote hai

[@lifes.notes.]

100%

[@swati0035]

Yes

[@loveisfake2910]

bilkul shi

[@kunalsaha9526]

ye akela KZbinr hai.. jisko budget se boht khusi hai.. keep it up..

[@The_Quranic_Recitation]

😂😂😂😂😂😂

[@skanak99]

क्योंकि की इसका पर्सनल फायदा है इसको

[@Abul_Rizvi]

😂😂😂😂😂😂😂😂😂😂😂

[@rowdygaming8217]

Koi khushi ni hai..... Dusri video dekh le.... Budget explained waali

[@kaleem2252]

😂😂

[@hiteshmakhija3778]

Employees ke nahi Fraudsters ke maaze hi maaze... in few months you will witness various epfo accounts being opened & after 2-3 months it will be closed once account receives the benefit. This is just a New age scam by government.

[@LabourLawAdvisor]

Won't happen this time, govt took care by adding 12 month condition, else emoloyer has to refund full amount

[@hiteshmakhija3778]

​@@LabourLawAdvisor Superb. But I believe that their intention at backend also is to add more IT payers in the New Tax regime which is a curse for the Salaried class in long run.

[@KshitijPatil15]

If this happens then they will say new employment being generated.

[@streetvigilante]

Sara hisab rakha jata hai itna hi asan nhi hota

[@SuperVaibhavsingh]

@@hiteshmakhija3778why is it bad ?

[@webflyer035]

For Internship age limit is 24yrs... (Imagine you are 25 yrs old, now no company will give you internship because they don't want to pay)

[@user-md5bf8kc5e]

For them company needs 5 years working experience in same job. 😂

[@anujparekh752]

Company make suring this perticular generations (perticuler time frame people) not get job.😅

[@tylertheeverlasting]

Good, atleast people will join the workforce instead of wasting half their twenties on UPSC

[@TK10053]

Correct ​@@tylertheeverlasting

[@nikhilgarg8198]

​@@anujparekh752 nonsense. If you are skilled, everyone will hire you. If you are dumb. U r doomed

[@krsaccountingsolutions6135]

इस वित्त मंत्री पर भरोसा नहीं किया जा सकता पहले योजनाएं लाते हैं फिर उन्हीं योजनाओं में गरीबों को फंसा कर उनका खून चूस जाते हैं, आत्मनिर्भर भारत रोजगार योजना बना कर गरीब लोगों के पी एफ के रुपयों को खा गये।

[@jituawasthi3970]

Hamare pehle aese vithmantri he Jispe kabhi bharosa nhi Kiya ja sakta he Mehnat karne Wale inko pasanad nhi aate Sarkari karmcharyo ki pension kha gaye ab private employee ko pagal bana rahe he Desh ka bhavishya sankat me

[@gyanrai7583]

Thoda Mic Ka voice increse karo Bhai .. thanks for every video you made

[@garudadwaja8767]

Dear LLA, i am really thankful to this channel because using this channel only i have filled my this year ITR first time, which saved my money. thanks once again. One request, could you give detailed video of TCS and how to claim TCS refund on foreign remittance.

[@MitulJainmitj1202]

Good explanations, thanks for the detailed schemes walkthroughs

[@kironsaha9865]

I used to work for a company, where they registered themselves under the ABRY scheme but as no employee is aware of such a scheme, so the employer took benefit of this and all didn't give any employee any amount they received through the scheme. Later when inspectors came down to inspect, they found out and strictly ordered the employer to give away the money they took from the govt through the scheme. They even played a game with gullible workers there. The employer told employees to refund the cash amount and described it as a calculation error.

[@suchisingh9421]

Toh nhi dete fir company ko aur kya

[@user-md5bf8kc5e]

@@kironsaha9865 such type of behavior is found in the maximum number individuals who don't like to pay remuneration to their staff or helping person. Such people become head of organization practice same technique for staffs of that organization. I found it is genetic quality of maximum people in India Bangladesh Pakistan also. This is a reason maximum number of working class of people survive in hardship in life especially migrants workers.

[@SuperGetoverhere]

The same happened to us but don't know company is under that scheme or not, but all of our employees in the process received 2x-3x of their salary, but our managers asked to give it back again.

[@Nextgentrick]

Kya fuddu company hai bhai

[@blackbrute2504]

@@Nextgentrick workers zyada fuddu hai

[@ashtilization]

Woah! the video editing, Sound designing!! TOP NOTCH!🤯

[@dileepsawant-k5t]

Please make one video Bonus for industrial workers (unskilled,semi-skilled and skilled) how to check Thank you sir

[@animeshchakraborty8671]

Like EPFO balance We can check by login, why ESI balance can't check kindly requesting for reply

[@vimalvala9680]

ESIC deduction is one type of premium (similar to health insurance premium) which is not reimbursable to employee . While PF deduction is your retirement corpus.

[@animeshchakraborty8671]

@@vimalvala9680 oh... Well explained

[@EducationTech-p8x]

Sir kya natural climaties ki bhi insurance policy hoti hai kya e.g loss of vehicles and properties due to floods

[@rahulgayen2185]

My company claimed ABRY scheme from EPFO, also deducted PF part from eligible employees salary, and kept the amount to themselves. ABRY benefit received showing in my PF passbook. Is there any ways to recover it from the company? I personally called the payroll manager and he threatened me to shut up.

[@LabourLawAdvisor]

PF department is conduction inspections, You can file a complaint with them

[@rahulgayen2185]

​@@LabourLawAdvisorSure sir. But my concern is how EPFO going to settle this? Will they send a notice to company stating to refund the amount? Or shall I have to present to court, legal process, lawyer kind of things? Please help. As I've been threatened by the employer already I'm in state of fear.

[@LabourLawAdvisor]

No, they are sending notices and even seizing accounts.

[@rahulgayen2185]

​@@LabourLawAdvisorthen I must withdraw my whole pf amount then file grievance. Thank you sir for your help.🙏

[@DeepakKumar-i1v1k]

Bhai tussi great ho awesome 👍👍❤❤. Jai hind Bhai Deepak Lucknow

[@s_p1001]

What happens to the credited incentive if an existing employee changes job during the scheme period?

[@thakurpankaj2525]

Thanks for the video sir ! But Jo employee ab job mae nahi hae our unka pehle ka PF pada hae tow wo kya kare ?

[@abc_cba]

The current budget is dividing our country. So, as a Maharashtrian, we will have regions like Marathwada and Vidarbha suffer but Bihar would get our royalty and then go ahead to collapse 12 bridges? Or how the poorly constructed Ram Mandir is flooding since days and days yet, media doesn't have the nerve to show that? People should understand the plight of Maharashtra, Tamil Nadu, Karnataka for the amount of taxes we have and then we have Marathi politicians from Vidarbha like Fadnavis who allowed sending 12 international projects from Maharashtra to the already wealthy Gujarat. I am fully supportive of a united India but not at the cost of starving my own region and state. Sorry. The current budget shows how BJP is punishing the states who didn't vote for them in Lok Sabha, but now we have Maharashtra state elections and with 30% hike in electricity, we'll show them what public outrage is!! Jai Siya Ram, Jai Vidarbh, Jai Maharashtra, Jai Hind.

[@senpai1628]

Your analysis is deeply flawed Just look at all the price hikes in Karnataka The opposition is no better

[@abc_cba]

@@senpai1628 your problem is so woke that you see BJP vs Congress in everything instead of facts. What about Maharashtra? Why give ₹11 Crore to the already millionaire players meanwhile many public hospitals in Mumbai, yes Mumbai don't even have proper medications not electricity (go and search about it) Vidarbha is the farmer su1'1de capital of the world. Should just that example not be enough to learn? Oh yeah, it's BJP ruled so, you'd turn a blind eye. Also, that most of central India's electricity is generated in Vidarbha where Chattisgarh, Madhya Pradesh and Vidarbha all make our own but despite that our electricity prices were hiked by 22% in 2022 and now 30% on top of that last month. All small scale businesses are affected due to this. There are districts like Bhandara, Gondiya, where electricity still hasn't gone by despite them providing us coal. Please, stop speaking for politicians and think of our country as one. I condemn Congress too, I don't align with any party because ultimately nothing is free, it all comes from direct and indirect taxes that you and I pay

[@PradeepYadav-lb4jd]

Haha... Vidarbh joker

[@himadrib4743]

Ram Mandir wasn’t built with your tax money, you are just another IT cell employee it seems

[@PradeepYadav-lb4jd]

@@abc_cba haha... it's not your fault, it's the fault of your parents that they could not give you a good upbringing... and for your knowledge, I'm a native of maharashtra, working in maharashtra at a managerial post and supervising Maharashtraian labours 😂

[@MyIdeaEverything]

Bahut badhiya ❤️👍❤️👍❤️

[@fatips1187]

mic quality is bad. Sir pls upgrade your mic as sound is quite low.

[@Ashamyvlog]

Humare m to awaj sahi arhi h bhai

[@syedaltamas1221]

Scheme B kya Construction and Maintenance worker kaliya apply nahi hota?????

[@mahendrasahu3741]

Good Information Sir

[@davinderdev8312]

Good job sir👍...Sir agli video Internship scheme pe bnana pls🙌❤️

[@Mayank_Bisht_MB]

Par internship par rakhega kon. Web dev ki skills hai par har opening par 1000+ application hai.

[@joynaidu5913]

Superb ❤🎉

[@hetsolanki6809]

What will happen if we sell inheritance property does we have to pay new property tax 😢 without indexation

[@CountingStars333]

Yes but if you invest in certain govt infra bonds or in any other property or mutual fund you won't have to give tax under section 54 F and 54 Do your research first consult a tax professional

[@prashantnalawade3396]

This is nice initiative for new employee ❤❤

[@naayaakk]

Solar subsidies pe video bana dijiye

[@renuadhikari9008]

Labour law ke according how many CL /EL/HPL eligible an employee

[@shashankpadwal]

I think in A scheme, employer will pay 15000 less to emplyee and can get that money from gov, may be as PF credit or something

[@GeektheGladiator]

हो सकता है कि कॉरपोरेट और इस गर्वनमेंट की कुछ मिली भगत हो, पब्लिक को मूर्ख बनाने के लिऐ

[@satishdhaigude629]

Very nice explanation, Thank you sir

[@GourinathDoijode]

Was expecting this info on this channel.... It's like manifested 😂

[@souvikkundu1996]

I knew that sir must make video in this regard

[@rohitsankpal9645]

Now day by day being Unemployed in this country seems profitable equation rather than working hard

[@hardyofficial833]

ABRY Scheme me Mera pf account disabled hai 2.5 sal se lagbhag...wo to inse thik nhi kiya jaa rha hai... Bahut chakkar laga Chuka hun epfo ke..ye scheme kaa to mjhe 6 mahine pahele pata chala ki aisi bhi koi scheme thi jiska pura fayda company ne utahaya aur pf account unable karwane hm daud rhe...agar aisi scheme employee ke liye laa rhe to sidha employee ko milna chaye tha employer ki through kya sense banta hai?

[@AmitMishra-lh2eo]

❤😊 great news today

[@AmitDJ_90]

What if the employee has resigned already,will get any benefit on the amount on epfo account?

[@darewin3847]

Fantastic explanation, thanks to LLA 👏🙂

[@argharoy4006]

Wah re wah sarkar... hamare paise leke hum i logo ko baat rahe hai.. new job generate karni wali baat nahi hai.. aur aap kya soch rahe hai employer jo rahega woh kisi na kisi papers pe sign karwaega ke agar aap ne 1 saal se pehli job chori toh aapko 15K dene padenge aur nahito 1st 1 saal usi koi bhi benefit nahi milega

[@jack76thegamer30]

Well that is upto employee to not sign such contract

[@saurabhsuman4197]

Abe toh tumko kya chahiye?

[@cryptoraptor539]

arreee waha re mere KHata Khat wale bhai....tumhe khta khat paise hi chahiye wo bhi toh humse lekar hume dene wala tha

[@Exmuslimfrmgondia]

​ghr bethe paisa😂

[@VikashKumar-yx5su]

Very informative

[@rohitrajput6043]

Budget is good ,but government shouldn't have increased LTCG

[@lalitmehta6969]

as well STCG!

[@10daysAgo]

​@@lalitmehta6969increasing stcg was a good decision. It will reduce those so called short term finance gurus 😂 who claim to know everything regarding trading and markets but their followers as well as they themselves are in loss 😂

[@divyansharya1489]

You guys are covering every topic with detail explanation. Thank you very much. Sir, i request you to make a detailed video on EPFO Higher Pension scheme. Kindly consider my request

[@sky-kt5lq]

video on internship scheme pls.....

[@vikram1262]

Ok Lavanasur

[@gautamjain2136]

Great initiative by government 👏

[@NishantKamal21]

Atleast kuch toh mila..nahi toh ab tak kisano, gareebo ko hi milta tha. Hume aure pressure daalna hai govt. pe agar aur benefits chahiye toh. To all the unemployed please do hardwork and get any job. Having job is better than no job. Don't be choosy better times will come at that point you will need experience to show. Samajhdaar ko ishara kafi hota hai.

[@manu-prakash-choudhary]

are you using Notion or Obsidian for you content preparation ??

[@ajaxgamer629]

Internship pe video banaye

[@AjayYadav-fp9rm]

Good 👍 👍 👍 👍

[@Omprakashyadav.shorts]

Sir meri sister ek University graduate h Lekin uske pure batch ki degree certificate atka hua h ek sal se College vale principal se complaint nhi karne dete Degree na hone ke karan uske pure batch ko drop out lena pda ek sal ka Jyada tar boys ne naukari suru kar di per jo aage padna chahte the unka ek sal waste ho gya with no reason College private h Mohmmad Hasan Post Graduation College Jaunpur Uttar Pradesh aur ek University se affiliate h called Veer Bahadur Singh Purvanchal University Jaunpur Uttar Pradesh Mera ye sawal h ki ess situation me kya kiya ja sakata h Kisse complaint karni chahiye jisse jyada chances bne ki degree ke sath me ek sal waste hone ke liye compantaion bhi mile jis ek m vo sab ke sab kisi dusre college ya university me dusre courses kar rhe hote. Kya essa koi rule h jisse enpe enquiry ho. Aur students ko compantaion bhi mile.

[@vipinverma7002]

Outsourced employees k liye kuch benefits hai kya

[@Mr_DukeDJ]

Ye scheme to insurance policy jaisa lag raha hai,... ye hoga to wo hoga wo hoga to ye nahi hoga😂😂😂😂😂 tc apply 😂😂😂🎉

[@ghanashyamsharma6671]

❤super high , complete details

[@vishallkallll5202]

Both topic per video chahiye❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👍👇

[@awdheshpandey8870]

Please Guide, what FM said & meant about NPS contribution regarding "deduction of employers towards NPS increased from 10% to 14%".

[@keshavkhandelwal6953]

Can anyone tell me from when this scheme will be applied and how can a person apply for this scheme 🙏🏻

[@sarthakpasalkar6738]

Did u get your answers?

[@salmanpathan9199]

Employee ke liye jo bhi nayi scheme aaye Batao sir......Thank you for the knowledge....LLA

[@mr__rohit__3402]

Nirmala sitaraman ki sakal dekhna ke man bhi nhi kerta 😢

[@165kiran]

That means no benefit for experienced employees

[@rajparsuramka5486]

Dear LLA Can you please share the source document where the details about the Incentive is mentioned.

[@dhruvalshrestha1672]

Pehla salary me dungi , agle salary se lagaan me lungi 🤡

[@dhruvalshrestha1672]

@@obsaurver apni harkaton se log gareeb hote hain, and gareeb ka theka mene ni le rkha. Mjhe tax nahi dena

[@brijmohanpiplani2107]

good details with clarifications

[@hemantbhandari9864]

I too would like to know more about internship pls😊

[@rahulyadav-wi4eh]

ये स्कीम नही, स्कैम है😂😂😂😂

[@HarshitChauhan2005]

This message for mandeep Homoeopathy is one of the best science in the world of treatment I said this statement because my father is Homoeopathic Doctor And he has a experience of 20 years in that field Mujhe nhi lagta jitna achche se homoeopathy maine samjhi hai or koi samaj payega It's a vardaan for patients Jisme allopathic wale kh dete hai ki hmare paas iss bimari la koi solution nhi hai But unhe ye nhi pta ki Homoeopathy ke paas har bimari ka solution hai I personally loved lla channel But I am hurt to see that ki mandeep ne homoeopathy ko scam btaya hai apni kise video mai

[@soumyajitmondal220]

Also make a video about from which date it will be implemented and it will be helpful if you explain it through case studies.

[@MRBADALKUMARVLOGS]

Good 👍🏻

[@AashishYadav-lc2jg]

For older employees ke liye nahi hai kya ye schme

[@kalushsinha9968]

Sir, Pls confirm one thing, For calculation of EPS, is minimum 10 year continue service is mandatory ? or gapping services but minimum 10 year completed with contribution is made in EPS will eligible for pension?

[@d3vil5520]

In the video you mention PF wage which means only basic wage must be counted, but the definition of wage has not been specified in the budget document, the wage can also be gross salary as is given in Payment of Wages Act.

[@dilipsinghshekhawat3845]

Daily Wages Labour paid leave ke liye eligible hota hai ya nahi?

[@motivationalworld49416]

Sir es scheme vch jo self employed hai vo b investment kr sakhta hai nd how?

[@ashishtalks]

Can I claim the interest paid in margin trading as expence during ITR FIling?

[@_abhi_.]

SGB discontinue kar diya jayega kya?

[@nsstore-kb4pw]

sir ap bata skte h jharkhand ka minimum labour charge kitna hai.... please

[@daulatkumar2797]

Reliance ne iska solution, budget ke next day hi nikal diya tha. Reliance pehle Trainee associate 6 month ke liye hire hote the , ab Reliance 1 saal ke liye Trainee associate hire karti hai. Na wo fresher hoga or na koi benefit dena padega 😂😂😂😂

[@manojkumar4958]

Sir ...... Pf by companies trust vaalo ke baare me bhi video banao.....

[@deepanshumittal7253]

Can i get the supportive documents to share with my employer to convence?

[@URfriendlyneighbourhood]

Is EPFO benefits applicable to government employees as well?

[@himachalplaces5362]

No ap logo ke pass NPS and ops h and gpf h

[@gourangasaha8867]

Jan samarth(CSIS) education loan subsidy ke bareme batayeaga?

[@mybigrecruiter]

Good video

[@sahilverma8570]

@LabourLawAdvisor sir jab fund harvesting karenge to ek saal k baad jitne months hue uspe to ltcg lagega aur jo months maan lijiye bach gaye ek saal m aane s uspe stcg bhi to lagega ex- june 29 2021 sip started and money redeem on 30 june 2022 so ltcg on June month and stcg on July -may 2022 so isme to zyada tax dena padega na ltcg +stcg

[@mukundshah8466]

Scheme C applicable to existing employees ?

[@OCDNorman]

Bhai swiggy delivery boy ku milegi kya please REPLY

[@subalsahu3865]

Kya yeh government employees ke liye bhi hai ?

[@vikramjeetsingh270]

Does it also apply on Govt or public sector?

[@wewakerawat8454]

There should be joint understanding of every university with some industries so engineers gain technical and knowledge that market need on these industries, just like the hospital and medical college structure. For evry medical college there is a hospital just like that for every university there should be a industry related to what that university teach.

[@surabhipatel1391]

Will employees working in PF exempted organisations also get these benefits?

[@debidas6288]

Sir UPS and NPS mein kya behtar hain. Main last 11 yrs bank mein huin and 30K investment hota hain including employer contribution and corpus 28L bana hua hain. Abhi UPS aya hain and Hume NPS ya UPS mein ek chunna hain. Bohot confused hain kya sahi hoga. Please guide

[@AmitMishra-lh2eo]

Great news

[@arunkumar-qe4qk]

But, what's for outsourcing employees???

[@rrrajlive]

⚪️To per person kul milake kitna paisa kitne time ke liye milega?

[@KabitaChettri-i5j]

Best to hoga pf rate of interest ko barana chaiye...

[@shivaas6122]

Bhai puraane employee k lie bhi h kuch??

[@cryptoraptor539]

hai na bhai 3 lac tak tax nahi dena

[@shivaas6122]

@@cryptoraptor539 bhai wo to rich class people k lie hi hoga… hmei to PF hi maangta h😬

[@ankurapu3259]

Solar subsidy pe video banao. Hybrids system mei koi subsidy milega kya? Ye bhi janna hai

[@harshasachdeva2882]

Is it applicable to contract workers in public sector banks?

[@sshekh49]

Company agar basic pay ke hisab se salary dene ko mana kare to hum kyaa argue kar sakte he ??

[@electronicsandelectricalen3072]

Sir naps walo ko milega ki nhi???

[@sayantan387]

Could you please tell me what is defined as "basic salary "? As in is it different from per month take home?

[@ans5270]

Major component of your salary structure which is fixed.. apart from all kinds of allowances and bonuses