Hi,
We are quite aware of the fact that each of us have been receiving quite a lot of communications from EPFO [ Employees Provident Fund Organization ] on introduction of UAN [Univeral Account Number] for the members of EPFO. There are also notifications and a UAN Manual to this effect. Recently EPFO's officials also sent emails to employers to undertake "Seeding of KYC" on an urgent basis.
Though "Seeding of KYC" is not a very complex procedure, as employers we should also look at the challenges we would face in implementation of UAN. UAN is a welcome change, it would improve governance in the EPFO and minimize paperwork in the long run.
So, the next question is what action are we supposed to take ?
What is Seeding of KYC ? How to complete this error-free & with minimal effort ?
UAN wants employer's to authenticate all KYC documents. How to implement this ?
What happens is employees do not submit KYC documents in time ?
How to handle employees who do not have access to Internet (or) are not tech-savvy ?
Risk of Digital Signatures and Privacy issues
What would be the process for New-Joinees ?
In large organizations such as yours, how would you be sure of being fully compliant to these requirements ?
Being The Compliance Experts, we believe in sharing the knowledge & expertise we have accumulated over a period of time.
The Conference Call cum Webinar
On the 8th of August, Friday, we will tell you about various ways to implement UAN in your organization seemlessly. We will also discuss potential problems/challenges and our expert panel will help arrive at solutions. Time is money and human-effort is valuable, let us not waste both.
More details about the Conference Call is here :
CLICK HERE FOR MORE DETAILS <http://relativity.co.in
ON THE CONFERENCE CALL <http://relativity.co.in
-----------------------------------------------------------------------------------------------------------------------------------
Want to download the Notifications from EPFO ?
CLICK HERE <
From India, Coimbatore
We are quite aware of the fact that each of us have been receiving quite a lot of communications from EPFO [ Employees Provident Fund Organization ] on introduction of UAN [Univeral Account Number] for the members of EPFO. There are also notifications and a UAN Manual to this effect. Recently EPFO's officials also sent emails to employers to undertake "Seeding of KYC" on an urgent basis.
Though "Seeding of KYC" is not a very complex procedure, as employers we should also look at the challenges we would face in implementation of UAN. UAN is a welcome change, it would improve governance in the EPFO and minimize paperwork in the long run.
So, the next question is what action are we supposed to take ?
What is Seeding of KYC ? How to complete this error-free & with minimal effort ?
UAN wants employer's to authenticate all KYC documents. How to implement this ?
What happens is employees do not submit KYC documents in time ?
How to handle employees who do not have access to Internet (or) are not tech-savvy ?
Risk of Digital Signatures and Privacy issues
What would be the process for New-Joinees ?
In large organizations such as yours, how would you be sure of being fully compliant to these requirements ?
Being The Compliance Experts, we believe in sharing the knowledge & expertise we have accumulated over a period of time.
The Conference Call cum Webinar
On the 8th of August, Friday, we will tell you about various ways to implement UAN in your organization seemlessly. We will also discuss potential problems/challenges and our expert panel will help arrive at solutions. Time is money and human-effort is valuable, let us not waste both.
More details about the Conference Call is here :
CLICK HERE FOR MORE DETAILS <http://relativity.co.in
ON THE CONFERENCE CALL <http://relativity.co.in
-----------------------------------------------------------------------------------------------------------------------------------
Want to download the Notifications from EPFO ?
CLICK HERE <
From India, Coimbatore
Hi, Thanks for the above information. But could you please explain it in laymen terms as to how would UAN be beneficial? Will it display the employment history of employees? Thanks.
From India, Hyderabad
1From India, Hyderabad
Hi Tina,
Appreciate your question Tina. Yes the UAN will be a beneficial to individual as well as organisation.
1. UAN would be attached to an employee as an identity.
2. You can change job without worries of PF Transfer, which takes minimal time with UAN.
3. Most importantly your PF contribution cannot be withhold for any reasons by the employer.
4. The history of employers is visible to only the employee that too it requires a mapping with the UAN otherwise it is not visible to anyone.
There are many other things that we would be discussing on the webinar cum conference-call platform in the perspective of organisation and contributors on 8th Aug'14 between 11 AM to 12:30 PM there is also a Q&A session for 30mins. Reserve your seat to know more on the same.
Link: Relativity - Landing Page
Good Day!
From India, Coimbatore
Appreciate your question Tina. Yes the UAN will be a beneficial to individual as well as organisation.
1. UAN would be attached to an employee as an identity.
2. You can change job without worries of PF Transfer, which takes minimal time with UAN.
3. Most importantly your PF contribution cannot be withhold for any reasons by the employer.
4. The history of employers is visible to only the employee that too it requires a mapping with the UAN otherwise it is not visible to anyone.
There are many other things that we would be discussing on the webinar cum conference-call platform in the perspective of organisation and contributors on 8th Aug'14 between 11 AM to 12:30 PM there is also a Q&A session for 30mins. Reserve your seat to know more on the same.
Link: Relativity - Landing Page
Good Day!
From India, Coimbatore
SIR,
SOME OF OUR EMPLOYEES ARE NOT ABLE TO SIGN AND THEY HAVE NOT OPENED THEIR BANK A/C,DONT HAVE
AADHAR CARD No.ETC.
HOW WE WILL HAVE TO FILL UP THEIR RECORD. AS WE ARE RECEIVING MOBILE CALLS TO COMPLETE THE DATTA ON PRIORITY BASIS.
CAN WE SEND THE DETAILS OF THOSE EMPLOYEES ,WHOSE RECORDS ARE UPTODATE AND REST OF THE EMPLOYEES RECORD WILL BE SUBMITTED LATER.
HOPE FOR AN EARLY RESPONSE.
REGARDS.
VINOD KUMAR SOOD
From India, Ludhiana
SOME OF OUR EMPLOYEES ARE NOT ABLE TO SIGN AND THEY HAVE NOT OPENED THEIR BANK A/C,DONT HAVE
AADHAR CARD No.ETC.
HOW WE WILL HAVE TO FILL UP THEIR RECORD. AS WE ARE RECEIVING MOBILE CALLS TO COMPLETE THE DATTA ON PRIORITY BASIS.
CAN WE SEND THE DETAILS OF THOSE EMPLOYEES ,WHOSE RECORDS ARE UPTODATE AND REST OF THE EMPLOYEES RECORD WILL BE SUBMITTED LATER.
HOPE FOR AN EARLY RESPONSE.
REGARDS.
VINOD KUMAR SOOD
From India, Ludhiana
Hi Vinod.
Good to know you. Please find below my views on your query.
1) For those who don't have the account details and aadhar card details etc., definitely we need to get atleast one particular ID no and update the same for their record.
2) Yes you can upload partly for those employees for whom you have details in first slot and the rest after getting the details again you can upload the rest separately.
hope this clarifies you query. Thanks.
Relativity Team.
From India, Coimbatore
Good to know you. Please find below my views on your query.
1) For those who don't have the account details and aadhar card details etc., definitely we need to get atleast one particular ID no and update the same for their record.
2) Yes you can upload partly for those employees for whom you have details in first slot and the rest after getting the details again you can upload the rest separately.
hope this clarifies you query. Thanks.
Relativity Team.
From India, Coimbatore
Sir, thanks for providing the important information that we can submit partly. It will be helpful to others also. Once again thank you. Vinod kumar sood
From India, Ludhiana
From India, Ludhiana
Sir,
recently we recived a letter to upload employees salary details who are drawing more than 6500/- and we prepared details as salary+hra+conv.+other allow. And converted this detail in ecr to opload but the system is not accepting.
Tried so many times to contact pf office edp deptt,but of no use they dont pick the call.
Will you help how to upload this datta, it will be very useful to other also.
Hope for an early response.
Thanks.
Vk.sood
black jack india pvt.ltd.
From India, Ludhiana
recently we recived a letter to upload employees salary details who are drawing more than 6500/- and we prepared details as salary+hra+conv.+other allow. And converted this detail in ecr to opload but the system is not accepting.
Tried so many times to contact pf office edp deptt,but of no use they dont pick the call.
Will you help how to upload this datta, it will be very useful to other also.
Hope for an early response.
Thanks.
Vk.sood
black jack india pvt.ltd.
From India, Ludhiana
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EPFO Letter for UAN activation and Bank account update.pdf