- Advertisement -
Home India EPFO: Bad news for PF holders! Money stuck for 22 thousand EPF...

EPFO: Bad news for PF holders! Money stuck for 22 thousand EPF members of UP, know the reason

0
PPF Account: Big News! Deposit Rs 5,000 monthly, Get Rs 42 lakhs, know scheme details here

Even after the deadline is over, the e-nomination and KYC of thousands of PF subscribers has not been completed in the state, so the contribution of 22 PF members has been rejected this month. Due to non-deposit of contribution, he, the employer as well as the EPFO ​​have become more difficult. To regularize such PF accounts, all kinds of formalities will have to be done, only then the account can be operated.



EPFO has been continuously issuing notices to the subscribers as well as employers to update KYC with e-nomination in PF accounts for months now. First August, then 30 September was also fixed as the last date but after this the system stopped taking contribution of such defaulter accounts. In October, information about incomplete e-nomination and KYC in 22 thousand PF accounts came to light from the state, whose contributions could not be deposited this time.



In such a situation, preparations have started for issuing notices to the employers. To regularize the account, now separate details will also have to be given along with the affidavit, only then the system will regularize it. According to EPFO ​​board member Sukhdev Prasad Mishra, employers along with the EPFO ​​have faced problems due to the system rejecting more than 22,000 contributions. Information was being given through notices for several months but still KYC and e-nomination were not updated in thousands of accounts.


- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version