Business

EPFO makes UAN mandatory for all employees

PTI
Retirement fund body EPFO on Monday notified an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952.“We have notified the draft order to make UAN compulsory for all organisations covered under the EPF & MP Act,” EPFO's Central Provident Fund Commissioner KK Jalan told PTI. 
The Government was considering the proposal to make UAN mandatory for availing of benefit of the scheme. The UAN facility was launched by Prime Minister Narendra Modi in October last year.