If you have not linked the Employees’ Provident Fund ie EPF account with Aadhaar, then you may have to face many difficulties in the coming time.
The Employees’ Provident Fund Organization (EPFO) has given time till September 1 for this. EPFO has clearly said that there will be no extension of time after this. Experts say that if the EPF account is not linked, companies will not be able to deposit the amount of PF deduction in your account. Apart from this, you may also have to bear many other types of losses. Also Read: LPG: Now DBC connection with two cylinders will be available at home itself, for new, do a missed call on 8454955555
Can’t withdraw money from account
If the EPF account is not linked with Aadhaar, then after September 1, you will not be able to withdraw any amount from it. This also includes the Covid claim. EPFO is giving the facility to withdraw money from the EPF account for the treatment of illness, amount for construction or purchase of house, education of children or marriage expenses. But if the Aadhar account is not linked, you will not be able to take any of these facilities. Also Read: Indian Railways: Change Reservation rules, Now change the date of travel without canceling the ticket
Instructions given to companies
The EPFO has also instructed companies to help link the EPF account of their employees with Aadhaar. In case of linking with Aadhaar, the name and date of birth should be the same as in Aadhaar. In case of difference, the account is not linked. In case of problem related to online account linking, you can also take help from the concerned EPFO office. Also Read: Good news for 6.5 crore PF account holders! 8.5% interest money will be credited in the account soon, know what EPFO said
Evacuation for Covid
EPFO has given exemption for the second time to withdraw amount from EPF account under Kovid claim. Under this, you can withdraw three months’ salary or 75 percent of the total deposit, whichever is less. Even in the first wave of Corona, EPF had given such relief. Also Read: BSNL Great Plan: Get 36GB data and free calling for just Rs 97, you will get many benefits
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