Categories
latest news

EPFO Update: Latest News, Interest Rates, and Withdrawal Rules

EPFO Update: If the PF of any member of your family is deducted, then some important things have to be taken care of. If the PF employees do not get the necessary work done by the due date, then they will have to face problems. EPFO ​​has given a good news to the PF employees. To avail the benefits under the ELI scheme, it has been decided to extend the deadline for UAN activation and Aadhaar seeding with bank account holders once again.

Employees can now easily complete this work by 15 March 2025, which will give great convenience to the employees. Employees will now get a bumper gift, which is very important to know.

Know what is ELI scheme?

The central government has won everyone’s heart by announcing the employment related incentive scheme in the budget for the year 2024-25. A target has been set to create 20 million jobs in the next two years. To get cash benefits under this scheme, it is very important for the employees to activate UAN and link it to the bank account with Aadhaar card.

3 types of schemes have been included in the ELI scheme. A, B and C. The aim of all three schemes is to promote employment generation and also provide financial assistance to new employees. With an expenditure of Rs 2 lakh crore, the target has been set to create employment, skills and other opportunities for 4.1 crore youth in 5 years. The target of the ELI scheme is to generate more than 2 crore jobs in two years. Along with this, it has been said that every subscriber of EPFO ​​​​must be linked to Aadhaar.

Method to activate UAN number

With this, you will have to go to the official website of EPFO ​​​​epfindia.gov.in.

Along with this, you will have to click on For Employees in the Services section.

Then you will need to click on Member UAN Online Service OCS OTCP appearing in the second place in the Services column.