Categories: FeaturedFinanceNews

EPFO Changed This Important Rule, 6 Crore Employed People Should Update Their Account As Soon As Possible

EPFO: There is important news for 6 crore subscribers of EPFO. The organization has changed a rule, which can be difficult for the employed. Actually, the organization has made it necessary to link the Universal Account Number (UAN) of the PF account with the Aadhaar card. For this, EPFO ​​has made changes in section 142 of the Social Security Code 2020. This has changed the Electronic Challan cum Return (ECR) filing protocol.

EPFO said in its recent tweet that after June 1, 2021, the employer will be able to file ECR of the same employee whose UAN will be linked to Aadhaar. Those whose Aadhaar is not updated, their ECR will be filled separately. He can later link the employee’s UAN with Aadhaar. But everyone has to do it as soon as possible.

What Will Happen Now?

If Aadhaar is not linked with your account, then EPFO ​​can stop the contribution of the company coming to the employee’s account. It will be able to start only when Aadhaar is linked with your PF account. Therefore, if you have not given the Aadhaar number in the PF account, then complete this work quickly.

12 Million New Members Arrived

Let us inform you that according to the latest report released by the National Statistical Office (NSO), 12.24 lakh new members have joined the schemes of EPFO ​​in March this year. In February, 11.77 lakh new employees were associated with these schemes. However, in the last financial year, the number of members joining ESIC has decreased by 24 percent. During this period, 1.15 crore new employees were added to the schemes of ESIC. In the financial year 2019-20, their number was 1.50 crore. 

Also, Read This: Labor Codes: In-hands Salary of employees will decrease, PF will increase, know why this is going to happen

How to Update Aadhar

It is the responsibility of the company management to update the Aadhaar of the employee. EPFO has given notification about this many times. If Aadhaar is not linked, the employee will see the same amount in the PF account, which comes from his salary and dearness allowance.

Aadhaar Linking is easy

To add aadhaar to PF account, visit epfindia.gov.in

Then in Online Services click on E-KYC Portal

Now enter the Aadhar number. Then give mobile number. Then OTP will come.

Once again the Aadhaar number will have to be filled. Now OTP verification will be written, click on it.

After entering OTP, Aadhaar number, and mobile phone number three times, Aadhaar will be linked with your PF account.

theinformalnews

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