EPFO Update: EPFO has made 7 major changes for PF account holders. With this, UAN activation, PF transfer, bank linking and claim process has become easier and digital than ever before. Let’s know the full details.
EPFO Update: The Employees’ Provident Fund Organization (EPFO) has recently made many important changes in its functioning. Its aim is to make the process faster, simpler and digital for Provident Fund (PF) account holders. These changes are not only technologically advanced, but are also directly benefiting millions of employees. Let’s know the 7 major changes of EPFO which were implemented in recent months.
1. Form 13 process simplified for PF transfer
EPFO has simplified the process of Form 13 from January 2025. Now in most cases, employer approval is not required. This will make PF transfer faster. Automatic merger of old and new PF accounts has also become possible. Also, clarity of taxable and non-taxable portion in PF amount will also make calculation of TDS accurate.
2. UAN activation through Aadhaar face authentication
EPFO has started the facility of generating and activating UAN through UMANG app by implementing Aadhaar based face authentication technology. This is especially beneficial for those 70% members who have not been able to activate UAN till now.
3. Employer approval requirement eliminated in bank account linking
Now PF account holders can link their bank account to UAN directly through NPCI/Bank. Earlier, employer approval was required in this process, which took an average of 16 days. This obstacle has now been removed.
4. No need to upload check leaf or passbook
Now members do not need to upload the image of check leaf or bank passbook while filing online claim, provided their bank account is verified through NPCI.
5. PF advance for house repair will be available through self-declaration
Under Para 68B(7) of EPF Scheme 1952, now after 5 years of construction of the house, members can take PF advance for repair only on the basis of self-declaration. However, this facility will be available only if it is not linked to the housing advance taken earlier.
6. Facility of UAN generation in bulk without linking Aadhaar
EPFO has implemented a new system, through which employers can generate UAN even for those employees whose Aadhaar is not linked. This facility has been given especially in those cases where old PF contribution is now being merged into EPFO.
7. One-time payment of outstanding dues is now also possible through demand draft
EPFO has allowed payment of old dues in one go through demand draft in cases where payment through electronic challan is not possible. This facility will be given only under special circumstances on the satisfaction of the regional officer.
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