Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»Aadhaar-verify employees’ PF accounts: EPFO to employers
    News

    Aadhaar-verify employees’ PF accounts: EPFO to employers

    HRK News BureauBy HRK News BureauJune 1, 2021Updated:June 1, 20212 Mins Read3471 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    Starting June 1, all employers will be responsible for ensuring that their employees’ provident fund (PF) accounts are linked with their Aadhaar. Unless and until the accounts are Aadhaar verified, the employer’s contribution will not be credited to the employees’ accounts.

    This new rule was notified by the EPFO in a latest release. This decision has been taken under Section 142 of the Social Security Code 2020. The EPFO has informed the employers, that is, all organisations and establishments, that with effect from June 1, if the PF accounts of their employees are not linked to Aadhaar or UAN is verified, then their Electronic Challan cum Return or ECR will not be filed. This means, although employees will be able to see their own PF account contributions, they will be unable to receive the share put in by their employers. Additionally, if the employees’ PF accounts are not linked with Aadhaar, they will be unable to use the EPFO’s services either.

    In addition, keeping in mind the financial crisis brought on by the pandemic and the uncertainty surrounding jobs and incomes, the EPFO has allowed all account holders to withdraw a second non-refundable COVID-19 advance from the pension fund. This provision, which was introduced in March 2020 under the Pradhan Mantri Garib Kalyan Yojana (PMGKY), to help people meet their emergency needs amidst the pandemic, has already been availed by well over 76 lakh applicants with an advance of more than Rs 18,698 crore being released. Even those who have availed the facility of advance once can withdraw an advance a second time.

    Aadhaar Employers EPFO Pradhan Mantri Garib Kalyan Yojana (PMGKY) Section 142 Social Security Code 2020 UAN
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    9 + seventeen =

    Related Posts

    L’Oréal expands employee share-ownership plan to boost engagement

    June 13, 2025

    Coal India introduces new uniform dress code for employees starting July

    June 13, 2025

    NDMC rolls out major employee-welfare measures

    June 13, 2025

    Bihar cabinet approves housing for women staff near workplaces

    June 13, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    The truth about lies: Why résumé fraud has become an epidemic

    June 13, 2025

    Redefining recognition: Why the future of HR leadership lies with rising stars

    June 12, 2025

    Social media is showing Indian workers what they’re missing—and they want change

    June 11, 2025

    When employees leave without notice, who bears the moral burden?

    June 10, 2025
    Latest Post

    L’Oréal expands employee share-ownership plan to boost engagement

    News June 13, 2025

    L’Oréal Groupe has announced the launch of its fifth global employee share ownership plan. This…

    From scrap to sustainability: GRP’s transformation story

    Quick HR Insights June 13, 2025

    In this powerful excerpt, Sanjeeb Lahiri, Chief Human Resources Officer at GRP Ltd, shares how…

    Coal India introduces new uniform dress code for employees starting July

    News June 13, 2025

    Coal India (CIL) is rolling out a new uniform dress code for its employees from…

    NDMC rolls out major employee-welfare measures

    News June 13, 2025

    In a bid to ensure employee welfare, the New Delhi Municipal Council (NDMC) has approved…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.