New rule from September 1: No EPF money if you fail to adhere to this
In an important reminder for the PF subscribers, link your Aadhaar card with PF account till September 1, failing which you may not be able to avail all EPF benefits. A few months ago, the Employees' Provident Fund Organisation (EPFO) had deferred its order on the linking of Aadhaar card with PF account till September 1, 2021.
Earlier, the EPFO had set the deadline of June 1, 2021. The body had mandated filing of PF returns with Aadhaar-verified universal account numbers (UAN). With the latest order in place, now employers will have more time in hand to link their employees Aadhaar number with PF accounts or UAN.
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The date of implementation for filing ECR (electronic challan cum receipt or PF return) with Aadhaar-verified UANs has been extended to September 1, 2021, showed an office order issued by the EPFO. 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.
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The EPF benefits include facilities such as taking Covid 19 advance and PF insurance benefits.
The procedure
