Employee Provident Fund Organization (EPFO) Has made several significant changes for PF account holders and employers. Their purpose is that PF transfer, claim and account management easy and faster Could be These changes will directly benefit crores of PF account holders.
Form-13 and Easy Easy, PF Transfer on Changing Job
EPFO for PF transfer New form to Form-13 Has given. Now transfer PF account to new account on changing jobs than before Fast and easy It is done.
In this Tax and tax-free money will be given separatelyWhich will clear both tax deduction and details.
The account of tax on interest is also clear now
Now on EPFO’s website How much tax will be levied in PF interest and how muchIts information will be clearly found. From this TDS cut Process of more Transparent and easy Will become.
Now UAN (UAN) will be generated without Aadhaar
EPFO has started a system in which UAN number generated even without Aadhaar Can be done, especially for those employees whose PF Trusts have been closed or the process of depositing old dues is going on.
UAN activation will be available from face, 3 new facilities will be available on UMANG app
Now EPFO Umang Mobile App In Face id The facility to activate UAN has been launched. Through this, now you
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Can make new uan
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Can activate the pre -made UAN
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Can verification in already activated UAN
Payment of old outstanding PF is now possible with demand draft
If an employer is unable to fill the old PF outstanding from the ECR system, then now he Payed at once from demand draft Can do. This arrangement will be for only one time payment.
No longer to upload checks or passbook photos for online claim
EPFO has also abolished the rule that You have to upload a photo of bank check or passbook while claiming onlineIf your bank account is already connected to UAN and verified, then claim Straight and fast pass Will be done.
No longer required to approve bank account
Earlier, the approved of the employer was necessary after adding a bank account. Now if your account is verified from the bank/NPCI, then Will be directly linkAnd whatever requests were pending first Automatic approval Will be done
EPFO glimpse of changes – at a glance
| shift | What changed | advantage |
|---|---|---|
| Form 13 | New easy form of PF transfer | Transfer easy on changing job |
| Interest tax clarity | Information about taxable and tax-free interest | Ease of TDS deduction |
| UN without base | In some cases without Aadhaar UAN generation | Facility in old pf trust cases |
| Face ID on Umang | UAN Activation from Face ID | Paperless and immediate facility |
| Demand draft payment | Offline payment of old dues possible | Dues will deal quickly |
| Czech/passbook photo not needed | Photo uploaded in online claim | Claim rejections low |
| No approval needed in bank linking | Employer’s approval removed | Bank account will be connected soon |
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