Backlinking of Aadhaar with PF profile absolutely essential from June 1, non compliance may lead to big monetary decrease
Every account holder should have his or her PF account linked to the Aadhaar Card, according to the new EPFO rule.
Employees’ Provident Fund Organization’s new regulations on Aadhaar and PF connecting are kicking in from right now June 1,2021. They may face major affect on their EPF contribution if PF account holders fail to adhere to the rule.
Every account holder should have his or her PF account linked to the Aadhaar Card, according to the new EPFO rule. It will probably be the responsibility of the workplace to inquire the workers to ensure their PF bank account. 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, if by June 1. A alert in connection with this has also been released by EPFO.
Exactly what is the new guideline about?
The EPFO ? ?has carried out new guidelines less than portion 142 in the Sociable Safety Computer 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 to weblink EPF account with Aadhaar
Sign on to your EPF accounts on the single fellow member portal
Go through the “KYC” alternative inside the “Manage” portion
You can choose the information (PAN, Banking Account, Aadhar and many others) which you want to weblink with UAN
Complete the requisite fields
Now go through the “Save” alternative
You might be done.