According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card.
Employees’ Provident Account Organization’s new policies on Aadhaar and PF backlinking are kicking in from today June 1,2021. If PF account holders fail to adhere to the rule, then they may face major affect on their EPF contribution.
According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card. It will be the responsibility of the boss to inquire about employees to confirm 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 notification in this regard has been launched by EPFO.
What exactly is the new tip all about?
The EPFO ? ?has implemented new policies beneath section 142 of the Societal Protection Program code 2020. 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, the regulatory body has clearly instructed the employers that from June 1.
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 weblink EPF profile with Aadhaar
Login for your EPF bank account with the single participant portal
Click the “KYC” alternative from the “Manage” section
You may find the details (PAN, Banking Accounts, Aadhar and many others) which you want to website link with UAN
Complete the requisite fields
Now click the “Save” solution
You might be carried out.