Home Business PF Account: Here’s How Members Can Prevent Online Frauds, Scams

PF Account: Here’s How Members Can Prevent Online Frauds, Scams

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New Delhi: Warning in opposition to on-line frauds and scams, the Workers’ Provident Fund Group (EPFO) issued an advisory asking the members to chorus from sharing any info associated to their PF account over calls or social media interplay.

In its advisory, the EPFO tweeted, “EPFO by no means asks its members to share their private particulars like Aadhaar, PAN, UAN, Financial institution Account or OTP over cellphone or on social media.” It went on to say that it by no means asks for private particulars over name, WhatsApp or social media. Including that it by no means asks PF account holders to deposit cash to avail of its providers, the EPFO suggested to not reply to calls asking for private particulars.

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How you can attain out to EPFO for grievances?

So as to share considerations or grievances, members can method EPFO at https://epfigms.gov.in or join over toll-free quantity 1800-118-005. EPFO members have the choice to hunt info on associated providers on the UMANG app, a government-managed platform as effectively.

There are probabilities that hackers might log in to your EPF account compromising its safety in case you might have occurred to share private particulars. Those that have not too long ago modified their job and haven’t transferred their EPF account to the brand new group could also be at higher dangers of such cyber-attacks.

Such instances of phishing assaults had witnessed an increase since lockdown with the legislation enforcement businesses bursting a number of rackets concerned in such scams.

In case you might have an EPFO account and occur to get any such calls, be sure to report it to EPFO or different legislation enforcement businesses.

Thought of as one of many world’s largest social safety schemes, the EPFO scheme applies to each group with 20 or extra workers. Below this scheme, the worker whose pay is greater than Rs 15,000 per 30 days to pay a sure contribution of his wage (12 per cent) towards the EPF account, and an equal contribution is paid by the employer. On the time of pension, the worker will get an amassed sum of cash from his EPFO account together with the relevant curiosity. There are additionally provisions to withdraw this cash earlier than maturity.

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