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EPF Subscriber Alert: Do This Else Your Employer Contribution Shall Not Be Credited From June 1
In a recent ruling, the largest social security organization EPFO has made the employer responsible for ensuring that the employee's EPF account is Aadhaar verified and this rule shall come into effect from June 1, 2021.
What the new order means for employees or EPF subscribers?
In a case if the employee's EPF account is not aadhaar verified it may mean that employer's contribution shall not be credited into your account. So, do ensure to link your PF account with Aadhaar and also your Universal Account Number needs to be aadhaar verified.
Notification:
The social security regulatory body has issued notification to all the employers and said that if a member's account is not linked with Aadhaar then in such a case ECR-Electronic Challan cum Return cannot be filed. Also the EPF member shall not be able to use the services of the EPFO.
The decision to this effect by the EPFO has been taken under section 142 of the Social Security Code 2020.
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