Hello All,
A company was covered by EPF in December 2017 with 21 employees. We have a few members who were part of EPF and have UAN numbers. Their KYC was not updated, and some of them have withdrawn amounts from EPF.
Now, can I continue using those UANs in this newly covered company, or do we need to create new UANs? Please advise on this. If anyone can provide a notification explaining why I should consider the existing UANs, it would be greatly appreciated. My boss has requested that I produce the notification.
From India, Delhi
Acknowledge(0)
Amend(0)
4A company was covered by EPF in December 2017 with 21 employees. We have a few members who were part of EPF and have UAN numbers. Their KYC was not updated, and some of them have withdrawn amounts from EPF.
Now, can I continue using those UANs in this newly covered company, or do we need to create new UANs? Please advise on this. If anyone can provide a notification explaining why I should consider the existing UANs, it would be greatly appreciated. My boss has requested that I produce the notification.
From India, Delhi
Acknowledge(0)Amend(0)
Continue with same UAN ... full form itself implicates its meaning , no need of notification. Even from one aaddhar number cannot create second UAN now onward.
From India, undefined
Acknowledge(0)Amend(0)
From India, undefined
Acknowledge(0)Amend(0)
Thank you, Mr. RK Singh. I found one notification and an FAQ that agree with your answer.
I have another question on First-Time Applicability. Most of the employees have been working for several years and are receiving their full amount of pay. Now, who will pay the 24% of PF? Employees may raise concerns about a reduction in their net pay.
Please advise if there is a provision where we can deduct both amounts from the employees' salaries, or if the employer needs to cover both parts.
Please advise on this.
Thanks & Regards,
Ramesh
From India, Delhi
Acknowledge(0)Amend(0)
I have another question on First-Time Applicability. Most of the employees have been working for several years and are receiving their full amount of pay. Now, who will pay the 24% of PF? Employees may raise concerns about a reduction in their net pay.
Please advise if there is a provision where we can deduct both amounts from the employees' salaries, or if the employer needs to cover both parts.
Please advise on this.
Thanks & Regards,
Ramesh
From India, Delhi
Acknowledge(0)Amend(0)
Thank you, Mr. Srinath. That is what I tried to convince my boss, but he is still keen to know if there is any chance we can deduct both parts from the employee as nowadays it is a normal practice done by most of the employers. Include both contributions in CTC. Any notification or provision in EPF will be appreciated. Please.
From India, Delhi
Acknowledge(0)Amend(0)
From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Introduction Of One Employee One EPF Account Facility.pdf