New rule will be applicable for PF subscribers from June

BusinessNew rule will be applicable for PF subscribers from June

Date:

New rule will be applicable for PF subscribers from June

New Delhi: Employee Provident Fund Organization (EPFO) has decided to implement the new rule for PF account holders from 1 June. Now the employer has been given the responsibility of getting verified from the basis of PF account. If the employer fails to do so, it may prevent the employee’s contribution to the subscriber’s account. Because of this, it has become important for the subscribers to link their PF account with Aadhaar.

The EPFO ​​has made this decision under section 142 of the Social Security Code. The Employer has been instructed that electronic invoices and returns (ECR) cannot be filed since June 1 if an account is not linked to Aadhaar or the UAN has not been verified from Aadhaar.

In such a situation, the contribution of the employer in the PF account can also be stopped. EPFO has issued a notification in this regard to the employees.

Along with this, if the account of PF account holders is not linked with Aadhaar, then they will not be able to use the services of EPFO.

PF account holders can link their account to Aadhaar logged on EPFO ​​website www.epfindia.gov.in.

Share post:

Subscribe

Popular

More like this
Related

Saudi Executions of Two Bangladeshis: Unverified Claims About Indian Man Spread Online

A week after Saudi Arabia executed two Bangladeshi nationals...

Plan your Durga Puja festivities and travel with a personal loan

Plan your Durga Puja celebrations, festive shopping, and travel...

Delhi Traffic Alert: Connaught Place Roads May Face Curbs From 3 PM Ahead of CJP Protest

Traffic movement in and around Delhi’s Connaught Place is...