New Employment Linked Incentive Scheme from August 1, 2025, to give one month's EPF wage: Who is eligible and how much money they can get

The newly introduced schemes showcase the government's focus on employment generation. The schemes will be applicable for jobs created between August 1, 2025, and July 31, 2027, across all sectors, with a substantial budget allocation of Rs 99,446 crore dedicated to incentivizing both employees and employers.