Employee-Linked Incentive scheme may get cabinet approval today; scheme offers incentives to informal sector employees on joining EPFO
The Finance Ministry’s Employee-Linked Incentive scheme may get Cabinet approval today (Tuesday, July 1, 2025).Under this scheme run by the Labour Bureau, if employees of the informal sector join the Employees’ Provident Fund Organisation (EPFO), the government will give them incentives. What is Employee-Linked Incentive scheme? The government announced this scheme in Budget 2024. Under…