EPFO (Employees’ Provident Fund) Extends Deadline For Seeding Aadhaar Number In Filing Electronic Challan-Cum-Return (ECR)

PF Return Filing: It is obligatory to seed and confirm Aadhaar quantity with the UAN

The Employee Provident Fund Organisation (EPFO) has prolonged the final date to seed Aadhaar quantity with the common account quantity (UAN) for submitting digital challan-cum-returns (ECR) until September 1, 2021, with the intention to present aid amid the COVID-19 pandemic. According to an official round launched by the EPFO on Tuesday, June 15, the final date to seed the Aadhaar quantity with UAN is prolonged from June 1, 2021, to September 1, 2021, for those that have to file the digital challan-cum-returns.

The ECR is filed by employers. The extension of the deadline will give extra time to employers to hyperlink their workers' Aadhaar numbers with the UAN. According to the retirement fund physique, it's obligatory to seed the Aadhaar quantity with the UAN whereas submitting ECRs.

As per the main points of the round, the competent authority accredited that the digital challan-cum-returns will likely be allowed to be filed just for these members whose Aadhaar numbers are seeded and verified with the UANs with impact from June 1, 2021. Accordingly, which means that members will likely be allowed to file the ECRs just for the UAN which can be seeded with Aadhaar, from June 1.

The EPFO determined to make the Aadhaar seeding obligatory after an official notification from the Labour Ministry issued on May 3, which mandated the ministry and our bodies working underneath it to hunt the Aadhaar quantity from the beneficiaries underneath the Social Security Code. 

Section 142 of the Social Security Code offers for establishing the identification of an worker or an unorganised employee or every other particular person via the Aadhaar quantity for looking for advantages and availing companies.

The UAN is principally a 12-digit account quantity allotted by the Employee Provident Fund Organisation to each worker the place the EPF deposits are being made. The common account quantity makes the method of working PF account companies akin to availing withdrawal, PF loans, or checking the EPF steadiness simpler and handy for the account holders.

Meanwhile, the Employees' Provident Fund Organisation - having finalised the rate of interest on the provident fund (PF) deposits for the monetary yr 2020-21 at 8.5 per cent, is prone to credit score the curiosity quantity within the accounts of its subscribers by subsequent month