EPFO has made it mandatory to link Aadhaar Card with PF UAN to get PF contributions from the employers and other benefits
The Employees Provident Fund (EPF) subscribers have to link their Aadhaar card with the Provident Fund (PF) accounts before September 1. Employees’ Provident Fund Organization (EPFO) has made it mandatory to link Aadhaar Card with PF UAN (universal account number) to get PF contributions from the employers and other benefits. Also Read: Golden job opportunity inc 500 Relationship Managers will be recruited to expand MSME scope
The deadline earlier was deferred to September 1, 2021 from June 1, 2021. The labour ministry amended Section 142 of the Code of Social Security 2020 to implement this new rule. Section 142 provides for establishing the identity of an employee or an unorganised worker or any other person through Aadhaar number for seeking benefits and availing services under the Code. Also Read: Indian Railways: Change Reservation rules, Now change the date of travel without canceling the ticket
“Linking of Aadhar with the UAN is mandatory. Effective 1 September 2021, employers will not be able to remit PF for cases where such linking is not done,” said Saraswathi Kasturirangan, partner, Deloitte India. Also Read: BSNL Great Plan: Get 36GB data and free calling for just Rs 97, you will get many benefits
“The Code on Social Security, 2020 is a legislation to amend and consolidate the laws relating to social security with the goal to extend social security to all employees and workers in the organised/unorganised or any other sectors. 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
Although the Code has not been implemented as yet, Section 142 of the Code has been notified by the ministry of labour and employment on June 3, which mandates that the Aadhaar number has to be provided by employees and unorganised sector workers who are seeking registration, benefits or expect to receive any payment under various schemes,” said Amrita Tonk, partner, L&L Partners. Also Read: PMVVY: Here you know what is Pradhan Mantri Vaya Vandana Yojana invest here and Get Rs 9250 monthly pension, know how
“The EPFO has issued a notification whereby it is now the responsibility of the employer to ensure that their employees link their provident fund account to their Aadhar number,” she further added.