As per the information, the new rule will be applicable on the PF account from June 1, 2021.
EPFO has taken a big decision regarding Provident Fund. As per the information, the new rule will be applicable on the PF account from June 1, 2021. Now the employer has been given the responsibility to make your account Aadhaar verified.
If they fail to do so can lead to the stoppage of employer contribution credited to your account. Therefore, it is important that you link your PF account with Aadhaar in time. UAN should also be Aadhaar verified.
Read more at :- RBI Notifications: Customer Due Diligence for transactions in Virtual Currencies (VC)
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