According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card.
Employees’ Provident Fund Organization’s new rules on Aadhaar and PF linking are kicking in from today June 1,2021. They may face major affect on their EPF contribution if PF account holders fail to adhere to the rule.
According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card. It will probably be the responsibility from the boss to inquire about the employees to make sure that their PF accounts. If by June 1, the employees fail to do so, then they may suffer several losses –one such being that the employer contribution to the PF account may also be stopped. A alert in this regard has additionally been launched by EPFO.
Just what is the new tip information on?
The EPFO ? ?has applied new rules under section 142 of the Societal Security Code 2020. The regulatory body has clearly instructed the employers that from June 1, if a PF account is not linked to Aadhaar or UAN is not Aadhaar verified, then its ECR-Electronic Challan cum Return will not be filled.
Employees can see their own PF account contribution, they will not be able to get the employer’s share, although this means.
How you can hyperlink EPF account with Aadhaar
Sign on for your EPF accounts with the unified fellow member portal
Click the “KYC” alternative within the “Manage” area
You are able to pick the information (PAN, Banking Accounts, Aadhar and so on) which you would like to hyperlink with UAN
Fill out the requisite fields
Now click on the “Save” option
You happen to be carried out.