Starting from June, it’s necessary to hyperlink Aadhaar card with the Provident Fund (PF) to get varied advantages of retirement fund. If you haven’t linked your Aadhaar Card with PF UAN (common account quantity) but, it’s possible you’ll not obtain employer’s contribution in your PF account from this month. “Employers will be unable to remit the PF contributions the place the Aadhaar shouldn’t be linked to the UAN efficient 1 June 2021,” stated Saraswathi Kasturirangan, Partner, Deloitte India.
The Employees’ Provident Fund Organization (EPFO) has amended Section 142 of the Code of Social Security 2020 to implement this new rule. “The EPFO is transferring in direction of a web-based method for all advantages, be it KYC updation, request for advances, withdrawals and so forth. Hence establishing the determine of the beneficiary turns into crucial, and Aadhaar is being insisted upon,” Kasturirangan added.
Here’s how one can hyperlink your Aadhaar Card along with your PF account
1) Visit the official web site of Employees’ Provident Fund Organisation — www.epfindia.gov.in
2) Go to For Employees’ Tab and choose ‘UAN Member e-Sewa’ hyperlink
3) Login along with your UAN ID and password
4) Under the ‘Manage Tab’, choose the KYC possibility
5) You might be redirected to a web page
the place you’ll discover tabs to add various paperwork to hyperlink along with your EPF account.
6) Select the tab which states ‘Aadhaar’
7) Fill within the particulars and click on on ‘Save’
8) Then, your Aadhaar quantity might be verified.
9) Once the employer and UIDAI approve you particulars, your EPF account linked to the Aadhaar card
EPFO has additionally up to date Electronic Challan cum Return (ECR) submitting norms. The employer can solely file ECR for these staff who’ve linked their Aadhaar to PF UAN, EPFO stated. “Employer can file separate ECR for non-Aadhaar seeded UAN after completion of Aadhaar seeding course of,” the regulatory physique stated.
“Under the brand new Social Security Code, 2002, Aadhaar quantity is required to be supplied for the aim of identification of the workers in search of advantages below the Code. Though the Social Security Code, 2002 has not come into impact, the federal government has notified this particular provision which mandates the requirement of offering Aadhaar,” stated Subodh Sadana, Partner, AnantLaw.
“This step is taken to make sure easy implementation of the Social Security Code, 2002 as soon as it’s enforced. Non-linking of UAN with Aadhaar is not going to stop an worker from in search of advantages below the prevailing legal guidelines. However, the advantages below the brand new Code may be availed solely topic to linking UAN with Aadhaar,” Sadana added.
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