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EPFO New Rule | PF rules to change in September; Mistakes can hurt you

There is an important update in the case of PF for the working class.

Mumbai: There is an important update regarding PF for the working class. EPFO will change its rules from September 1. Rules relating to the Provident Fund will apply. If you do not follow the rules. So your company will not be able to deposit the amount deposited in your PF account every month. 12 per cent of the monthly contribution (company contribution) will not be able to. If so, this is a big loss for you.

Need to link UAN – Aadhaar
From September 1, EPFO ​​will link the Universal Account Number (UAN) to Aadhaar. Alerts have already been sent to subscribers. There are still a number of accounts that have not linked to UAN. If this does not happen, the provident fund will not be able to credit the money to the account. The Employees Provident Fund Organization (EPFO) requires EPF account holders to link UAN-Aadhaar before September 1, 2021.

The EPFO ​​made changes to the rules for filing electronic currency and returns (ECR) in June. They have allowed the empire to pay ECR only for those employers. Whose base is linked to UAN. EPFO has also told employers that UAN -Aadhaar of all employees should be linked. Failure to deposit money in PF account can also result in loss of interest.

How to link UAN-Aadhaar
Go to the official website https://unifiedportal-mem.epfindia.gov.in/memberinterface/.

Login with your UAN and password.
Click on the Manage section KYC option
A number of documents will appear to link Aadhaar with the EPF account
Select the Aadhaar option. Type your Aadhaar number and name.
UIDAI data will be verified.
Once the KYC document is verified, Aadhaar will be linked to the EPF account.
In the KYC option, Varify will appear in front of Aadhaar
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