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Provident fund subscribers must link their Aadhaar to avail benefits

Those who do not link their 12-digit Aadhaar number with their Provident fund accounts will also lose out on services like availing Covid-19 advances and insurance benefits

The retirement body has made it clear that employers can only file ECR for those employees who have linked their Aadhaar to their PF accounts(Mint file photo)
The retirement body has made it clear that employers can only file ECR for those employees who have linked their Aadhaar to their PF accounts(Mint file photo)
Published on Aug 09, 2021 09:29 AM IST

New rule for PF account holders to come into force from June 1

The employer has now been tasked with the responsibility of ensuring that their employees link their PF account to their Aadhaar cards, and failure to do so will result in the employer's contribution being stopped from going into the employee's account.

EPFO has notified employers that come June 1, if PF accounts are not linked to Aadhaar, then the ECR (electronic challan-cum-return) will not be filled.(File Photo)
EPFO has notified employers that come June 1, if PF accounts are not linked to Aadhaar, then the ECR (electronic challan-cum-return) will not be filled.(File Photo)
Published on May 31, 2021 03:29 PM IST

EPFO may announce interest rates for 2020-21 in March

The 2020-21 payouts are being closely monitored by both active and inactive subscribers of EPFO. People are hoping that the fund is able to offer an interest rate of 8.5% for this financial year as it did during the last one.

EPFO's Central Board of Trustees (CBT) meeting is scheduled to take place on March 4(HT Photo)
EPFO's Central Board of Trustees (CBT) meeting is scheduled to take place on March 4(HT Photo)
Published on Feb 16, 2021 09:51 PM IST
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