Employers have to now comply with the following requirements from the PF department (EPFO).
1.Associate an UAN (Universal Account number) for each employee apart from the PF number.
2.Collect ID proof documents from employees as part of the KYC process.
3.ID proof verification.
4.Prepare KYC bulk upload file in the format specified by EPFO.
5.Upload the file to the PF Employer Portal.
With these additional responsibilities, the HR department now has even more work to do. The KYC file generation is very cumbersome if you want to do it manually.
The good news is that greytHR customers can now tackle this work in the shortest possible manner without breaking into sweat.
1.Associate an UAN (Universal Account number) for each employee apart from the PF number.
2.Collect ID proof documents from employees as part of the KYC process.
3.ID proof verification.
4.Prepare KYC bulk upload file in the format specified by EPFO.
5.Upload the file to the PF Employer Portal.
With these additional responsibilities, the HR department now has even more work to do. The KYC file generation is very cumbersome if you want to do it manually.
The good news is that greytHR customers can now tackle this work in the shortest possible manner without breaking into sweat.