1. Home
  2. Business
  3. EPFO new rule: Linking of Aadhaar with PF account a must from June 1

EPFO new rule: Linking of Aadhaar with PF account a must from June 1

By Saima Siddiqui 
Updated Date
EPFO new rule: Linking of Aadhaar with PF account a must from June 1

New Delhi: Employees’ Provident Fund Organization’s new rules kicking in from June 1 requires all PF account holders to link their Aadhaar and PF, failing to adhere to which they may face major financial loss.

Also Read :- Coronavirus: Labour ministry promises additional benefits under EPFO, ESIC schemes

According to the new EPFO rule, every account holder should have his or her PF account linked to the Aadhaar Card. It will be the responsibility of the employer to ask the employees to verify their PF account. If by June 1, the employees fail to do so, then they may suffer several losses –one such being that the employer contribution to the PF account may also be stopped. A notification in this regard has also been released by EPFO.

What is the new rule all about?

The EPFO has implemented new rules under section 142 of the Social Security Code 2020. The regulatory body has clearly instructed the employers that from June 1, if a PF account is not linked to Aadhaar or UAN is not Aadhaar verified, then its ECR-Electronic Challan cum Return will not be filled.

This means, though employees can see their own PF account contribution, they will not be able to get the employer’s share.

Here is how to link EPF account with Aadhaar

Step-1) Login to your EPF account at the unified member portal

Step-2) Click on the “KYC” option in the “Manage” section

Step-3) You can select the details (PAN, Bank Account, Aadhar etc) which you want to link with UAN

Step-4)Fill in the mandatory fields

Step-5) Now click on the “Save” option.

Further reading:
For the latest news and reviews, follow us on Facebook and Twitter ...
X