Last Updated:
The brand-new target date is December 15, 2024, modified from the earlier day of November 30, 2024, states EPFO in its blog post on X.
Introduced in the Union Budget 2024, the ELI plan has actually 3 elements targeted at motivating official work and reducing the monetary problem on companies.
The Employees’ Provident Fund Organisation (EPFO) has actually expanded the target date for triggering the Universal Account Number (UAN) and seeding Aadhaar- connected checking account under the Employment Linked Incentive (ELI) plan. The brand-new target date is December 15, 2024, modified from the earlier day of November 30, 2024. The statement, made by means of a main round and an X blog post on December 4, advises companies to finish the procedure, particularly for workers employed throughout the existing fiscal year.
“Dear Employers, the day of UAN activation and Aadhaar seeding of Bank Account has actually been expanded till 15thDecember Ensure to do the very same for all workers that have actually taken part the existing fiscal year, beginning with the current joinees, to get the advantage of the Employment Linked Incentive plan,” the EPFO said in a post on X.
