UAN
In a move to ensure broader compliance and enhance the benefits of employment-linked initiatives, the Employees’ Provident Fund Organization (EPFO) has extended the deadline for Aadhaar seeding under the Employee Linked Incentive (ELI) Scheme) to December 15, 2024. This extension offers relief to both employers and employees, giving them additional time to complete the mandatory linkage.
The Employee Linked Incentive (ELI) Scheme is a crucial initiative aimed at promoting job creation and supporting social security measures. Aadhaar seeding serves as a vital step in ensuring the integrity and efficiency of the scheme by:
To meet the new deadline, follow these steps:
Failure to complete Aadhaar seeding by the new deadline may result in:
The Employee Linked Incentive (ELI) Scheme is a government initiative aimed at encouraging job creation and formalizing employment in India. Employers are incentivized to hire and retain employees, thereby supporting workforce growth and economic development.
Key features of the ELI Scheme include:
This scheme is crucial in promoting social security and fostering trust in the labor welfare ecosystem.
Aadhaar seeding is a critical aspect of the ELI Scheme as it:
The previous Aadhaar seeding deadline has been extended to December 15, 2024, allowing more time for compliance. Both employers and employees must complete the process to remain eligible for scheme benefits.
For Employers:
For Employees:
Failure to seed Aadhaar by the deadline could result in:
The Aadhaar seeding requirement under the Employee Linked Incentive (ELI) Scheme is a vital step towards strengthening India’s employment ecosystem. The deadline extension to December 15, 2024, offers a crucial opportunity for employers and employees to comply and ensure continued access to benefits.
Don’t wait until the last minute—complete your Aadhaar seeding today and contribute to building a transparent, efficient, and inclusive labor welfare system in India!
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