The Employees Provident Fund Organisation (EPFO) has mandated Universal Account Numbers (UANs) for all employers under the Employees Provident Funds and Miscellaneous Provisions Act, 1952. This article clarifies UAN requirements for job changes and provides a step-by-step guide to generating your UAN through the EPFO portal.
India’s Employee Provident Fund Organization (EPFO) reported a record 19.50 lakh net addition of members in May 2024, driven by factors like rising employment opportunities, increased awareness, and EPFO’s outreach programs. This marks the highest growth since April 2018 and signifies a strong indication of a growing workforce and financial security consciousness among Indian citizens.
