EPFO Replace: No Aadhaar Linking Required For THESE Subscribers To Settle Claims – Particulars Inside
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New Delhi: In a giant aid for workers, the Workers’ Provident Fund Organisation (EPFO) has introduced that some staff not have to hyperlink their Aadhaar with their Common Account quantity (UAN) to settle bodily claims. This modification is a part of a newly revised process talked about in a current round.
Who Is Exempted from Aadhaar Seeding for EPFO?
The Workers’ Provident Fund Organisation (EPFO) has exempted particular classes of staff from linking their Aadhaar to their accounts. Listed below are the exemptions:
– Worldwide Employees: Those that have accomplished their project in India and returned to their dwelling nation with out acquiring Aadhaar.
– Indians Who Took Overseas Citizenship: Indian nationals who migrated overseas, acquired international citizenship, and don’t possess Aadhaar.
– Nepali and Bhutanese Residents: People qualifying as “staff” beneath the EPF&MP Act however dwelling exterior India and with out Aadhaar.
– Various Doc Requirement: Rather than Aadhaar, paperwork similar to passports or citizenship identification certificates can be utilized to confirm identities of:
– Worldwide staff.
– Residents of Bhutan and Nepal.
What else did the EPFO round point out?
The EPFO round emphasised the necessity for “due diligence” in dealing with circumstances of staff claiming exemptions. It instructed officers to make sure that all related particulars are completely documented for verification. Processing such circumstances requires approval from the Workplace In-Cost (OIC), and an e-office file should be maintained to maintain correct information.
As a part of the “due diligence” course of, officers are required to confirm financial institution accounts for workers claiming exemptions. If the account stability is above Rs 5 lakh, they need to verify the main points with the employer. For settlements, funds shall be made via NEFT (Nationwide Digital Funds Switch).