#EPFO

New Delhi, Sep 24 (PTI) The Delhi High Court has extended till November 31 the deadline for the seeding of the Aadhaar number along with the Universal Account Number (UAN) and its verification.

.Delhi, India
EPF-Aadhaar link mandatory (Photo Credits: EPFO website)

  • You can link your Aadhaar on the official website of the EPFO
  • The EPF Aadhaar link deadline is August 31, 2021.
  • The EPFO announced the rules change via a text message

.New Delhi, Delhi, India
EPF and EPS can be filed digitally. (Photo credit: Representative image/Unsplash)

  • E-Nominations will ensure the social security of the account holder’s family 
  • One can file EPF, EPS on the EPFO website
  • EPFO had increased maximum assurance to Rs 7 lakh

Provident Fund is a government-backed retirement scheme. (Photo credit: unsplash)

  • Provident Fund is one of the retirement-focused investment options
  • The EPFO allows employees to withdraw before retirement, too
  • However, if an employess withdraws before 5 years of opening the account, TDS may be charged

Read to know if investing in PPF is beneficial or not. (Photo credit: unsplash)

  • There are four government-backed retirement schemes
  • While the EPF and VPF are available to the salaried class, NPS and PPF are open to all
  • Of the 3 schemes, NPS is market-linked and the returns are based on the performance of the other investments

Employee can withdraw cash from EPF for COVID-19 treatment. (Photo Credit-representative image/Unsplash)

  • EPF account withdrawal is allowed under certan conditions like medical emergency, job loss and others
  • EPF account holder can withdraw 90% of the EPF balance for buying or renovating home
  • As per the EPFO it is mandatory for the EPFO subscriber to contribute 12% of the basic salary of employee

.New Delhi, Delhi, India
3.48 lakh subscribers who joined the EPFO in January were from the 22-25 age bracket. (Photo Credit: Representational Image/ Unsplash)

  • The data gives a ray of hope for the formal sector employment amidst the coronavirus pandemic
  • Net new enrolments with EPFO grew by 27.79% to 13.35 lakh in January compared to last year
  • The provisional payroll data of EPFO was published on March 20, 2021, highlighting increased subscribers 

.New Delhi, Delhi, India
The WhatsApp helpline service is functional in all the 138 regional offices of EPFO. (Photo Credit: Pixabay)

  • A PF subscriber can put a message on the helpline number to file a grievance or seek guidance
  • Helpline numbers are available on the homepage of EPFO’s official website
  • Over 164,040 grievances and queries have been redressed through WhatsApp, till now