PF Account Must Be Linked to Aadhar Card from June 1, As Non-Compliance May Create A Big financial Issue
As per the new rule of EPFO, every PF account holder should have linked it with Aadhar card from June 1.
The new rules from EPFO, kicked in today, on Aadhar-PF linking. If the PF account holders fail to comply with the new rules, they will have to face a major effect on their EPF contribution.
PF account- Aadhar Linking
The new EPFO rules state that every account holder should have his/her pf account linked to their respective Aadhar card by June 1. Hence, it becomes the responsibility of every employer to ask their employees to verify their pf accounts. In case of any account holder fails to do so, then they may face big financial issues. One such issue is that the employer’s contribution to the pf account may be stopped. EPFO also releases notifications regarding this.
What is the ...