EPFO connects the Aadhaar card with PF UAN to receive PF involvement from managers and another advantage. This article demonstrates all the information regarding the New PF rule that may deactivate EPF in detail.
New PF Rule 2021
The EPF (Employees Provident Fund) subscribers have to connect their Aadhaar card with PF (Provident Fund) accounts before 1st September. EPF (Employees Provident Fund) makes it necessary to combine the Aadhaar card with PF UAN (Universal Account Number) to receive Provident Fund (PF) involvement from the owners or another benefit. Additionally, the deadline was previously from 1st September 2021 to 1st June 2021. A labor department adjusted section 142 of the code of social safety 2020 to execute this latest rule.
More so, section 142 creates the employee identity and an unorganized worker identity or any individual throughout Aadhaar number for looking advantages.
Further Notification by EPFO
Connecting Aadhaar cards with PF UAN is essential. Efficient 1st September managers would not be able to remit Provident Fund for cases where such connection is not complete, said Saraswathi Kasturirangan.
In addition, the code on social safety 2020 is legislation to adjust or merge the laws or rules regarding social protection. This code aims to expand social security to every worker in organized or unorganized and any other sectors. Even though the code has not been executed until now, the code section 142 was informed by the department of employment or labor on 3rd June. It mandates that unorganized sector workers and employees have given the Green card number.
Besides this, EPFO has issued a notice whereby it is now the responsibility of the manager to make sure that their workers connect their PF account to their Aadhaar card, she added.
Also, the execution date for filing ECR with Aadhar card verified PF UANs also expanded to 1st September. Managers can file a particular ECR for non-Aadhaar seed UAN after the end of the Aadhaar seeding procedure, it further added. The EPFO will approach all advantages online, be it requests for advances, KYC updation, or withdrawals. So creating the recognition of the recipient becomes crucial. So EPF (Employees Provident Fund) makes it necessary to combine the Aadhaar card with PF UAN (Universal Account Number) to receive Provident Fund (PF)
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