Better utility of employee pension scheme: Due to the tedious process of transfer of fund from one account to another, members preferred to withdraw (which is an easier process) their EPF money. When you withdraw your PF money you also withdraw the fund contributed to Employee Pension Scheme. ...
Currently, employers declare about new joiners, and obtain new UANs or link their existing UANs (based on whether they are first-time employed or have an existing EPF membership) to relevant PF accounts. This whole process of UAN allotment and/or linking happens after the Electronic Challan c...
Better utility of employee pension scheme: Due to the tedious process of transfer of fund from one account to another, members preferred to withdraw (which is an easier process) their EPF money. When you withdraw your PF money you also withdraw the fund contributed to Employee Pension Scheme. ...