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Why linking Aadhaar with UAN is crucial for continuing your provident fund investments

As per a recent government requirement, PF remittance will be permitted only for those employees whose UAN and Aadhaar number are seeded and verified

August 02, 2021 / 09:37 IST
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The Employee Provident Fund, popularly known as EPF or PF is a small savings scheme for employees. It enables salaried individuals to save a small portion of their salary every month and eventually accumulate a large corpus over the course of their working life.

Employees' Provident Fund Organisation (‘EPFO’) has been encouraging the working population to link its Aadhaar card to the PF account/Universal Account Number (‘UAN’), for security and transparency. As per the recent requirement, PF remittance will be permitted only for those employees whose UAN and Aadhaar number are seeded and verified.

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EPFO has instructed the Employer (Company) that, if PF account is not linked to Aadhaar or UAN is not Aadhaar verified, then its Electronic Challan-cum-Return (‘ECR’) will not be filed. Further, in absence of Aadhaar-UAN linking, the employees won't be able to avail of any other services from the EPFO.

EPFO has set the last date to link Aadhar with UAN as September 1, 2021.