Employer Incentive Calculator (Part B)
Welcome, Employer!
Use this calculator to estimate the financial incentive your establishment can receive under Part B of the Pradhan Mantri Viksit Bharat Rozgar Yojana for creating new jobs.
Employer Eligibility Checklist
- EPFO Registration: Your establishment must be registered with EPFO.
- Additional Hires: You must hire new employees above your baseline strength as of July 31, 2025.
- 2+ new employees if your current strength is less than 50.
- 5+ new employees if your current strength is 50 or more.
- Sustained Employment: Each new hire must be retained for at least 6 months to qualify for the incentive.
- Employee Salary Cap: The incentive is only applicable for new employees with a monthly salary up to ₹1,00,000.
Frequently Asked Questions (FAQ) for Employers
What is the main benefit for my company?
The main benefit is a significant reduction in your payroll costs for new hires. You can receive up to ₹72,000 per employee over two years (or ₹1,44,000 over four years in manufacturing), which directly boosts your bottom line.
What happens if a new employee leaves after 4 months?
You would not receive any incentive for that specific employee, as they did not complete the minimum 6 months of sustained employment required by the scheme.
Do I get the incentive for ALL employees with salaries under ₹1 lakh?
No, the incentive is only for additional employees hired above your baseline count as of July 31, 2025. It does not apply to your existing workforce.
How is the incentive for an employee with a ₹9,000 EPF wage calculated?
The scheme states a "proportional incentive" for wages up to ₹10,000. This calculator assumes the maximum of ₹1,000 for estimation in this slab. The exact proportional formula will be clarified in the scheme's final operational guidelines.
How do I apply for this scheme?
There is no separate application process. The system is designed to be automatic. By registering your new employees with EPFO and filing your monthly returns correctly, the system will identify your eligibility and process the incentive payments to your PAN-linked bank account.
What if an employee I hired gets the Part A benefit and leaves in 10 months?
This is a critical point. If an employee who received the Part A incentive leaves before 12 months, you, the employer, are required to refund the incentive amount that was paid to the employee back to the government. This places the financial risk of early attrition on the company.
Is there a digital portal for managing PM-VBRY?
The government has announced plans for a dedicated digital portal, a mobile application, and an AI-based monitoring system for the scheme. These will likely be integrated with the existing EPFO portal to streamline tracking and compliance for employers.
Does this scheme replace ABRY (Atmanirbhar Bharat Rojgar Yojana)?
Yes, PM-VBRY is the successor to previous employment generation schemes like ABRY. It has a larger budget and a different structure, providing direct incentives to both employers and employees, whereas ABRY focused on subsidizing EPF contributions.