Extended UAN-support linking deadline for EPFO subscribers
Extended UAN-support linking deadline for EPFO subscribers |
The Employees Provident Fund Organization (EPFO) has extended the deadline for linking EPF account to Aadhaar to 31 December. EPFO has informed about it through social media.
Money can hang on not being linked
If you do not link the EPFO and Aadhaar number by 31st December, your account will be credited to the company.
Contributions will be stopped. Other than that it can cause you problems in withdrawing money from EPF account. EPFO holders cannot use EPFO's services if they are not linked to Account Support.
This has been his process
👉 First you have to go to the EPFO portal epfindia.gov.in.
👉 Log in to your account using UAN and password.
👉 Click on the KYC option in the "Manage" section.
👉 In the page that opens you can see many documents to link to your EPF account.
👉Select the Aadhaar option and type your Aadhaar number and the name written on the Aadhaar card and click Save.
👉The information you provide will be protected. Your support will be verified with UIDAI data.
👉If your KYC documents are correct, your support will be linked to your EPF account and you will see “Verify” written against your support information.
Both the employee and the employer put money in the EPF account
Under the EPFO Act, 12% of the employee's basic salary plus DA is credited to the EPF account. As well as the employer (company) also contributes 12% of the employee's basic salary plus DA. Out of the 12% contribution of the company, 3.67% goes to the employee's PF account and the remaining 8.33% goes to the employee pension scheme. The EPF account is earning 8.50% interest per annum.
What is a number?
Upon being registered with the Provident Fund Organization (EPFO), the employee becomes a member of the organization and is also declared a 12-digit UAN (Universal Account Number). EPFO's facilities can be used online using this number. With the help of UAN number, an employee can view the passbook of his PF account online and also check his PF (Provident Fund) balance online.
Money can hang on not being linked
If you do not link the EPFO and Aadhaar number by 31st December, your account will be credited to the company.
Contributions will be stopped. Other than that it can cause you problems in withdrawing money from EPF account. EPFO holders cannot use EPFO's services if they are not linked to Account Support.
This has been his process
First you have to go to the EPFO portal epfindia.gov.in. Log in to your account using UAN and password.
Click on the KYC option in the "Manage" section.
In the page that opens you can see many documents to link to your EPF account.
Select the Aadhaar option and type your Aadhaar number and the name written on the Aadhaar card and click Save.
The information you provide will be protected. Your support will be verified with UIDAI data.
If your KYC documents are correct, your support will be linked to your EPF account and you will see “Verify” written against your support information.
Official Twitter Handal
Deadline for Aadhaar linking of UAN extended till 31.12.2021 for Establishments in NORTH EAST and certain class of establishments. Please check the circular here: pic.twitter.com/x4ZSGG5cy1
— EPFO (@socialepfo) September 11, 2021
Both the employee and the employer put money in the EPF account
Under the EPFO Act, 12% of the employee's basic salary plus DA is credited to the EPF account. As well as the employer (company) also contributes 12% of the employee's basic salary plus DA. Out of the 12% contribution of the company, 3.67% goes to the employee's PF account and the remaining 8.33% goes to the employee pension scheme. The EPF account is earning 8.50% interest per annum.
Read Report In Gujarati
What is a number?
Upon being registered with the Provident Fund Organization (EPFO), the employee becomes a member of the organization and is also declared a 12-digit UAN (Universal Account Number). EPFO's facilities can be used online using this number. With the help of UAN number, an employee can view the passbook of his PF account online and also check his PF (Provident Fund) balance online.
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