If you are a salaried employee and you have two UAN numbers and want to merge them with the PF account, then you should know this news. According to the rules of the EPF scheme, only one Universal Account Number (UAN) is issued for each person, but many times during the job, you get two different UANs from different institutions and you think that it has to be linked to the same PF account, then first of all you have to merge the PF accounts. Then you can withdraw that money. Before this, you cannot withdraw the amount from that account.

You worked in two different institutions in a fixed time period, for which you were given two different UAN and PF accounts, but, currently, where you are working there is no provision for PF deduction, in such a situation, to link the previous PF account, you have to apply online on the EPFO ​​​​website after logging in to UAN. Then you can merge both accounts.

Process of merging two EPFs with UAN?

To merge UAN, you need to log in to the EPFO ​​website with the UAN credentials. After this, select the option of 'One member and one EPF account' in which the earlier UAN is to be merged. Since there is no provision for PF in your current organization, you will need to withdraw the remaining amount in your PF accounts by filing a claim.

First of all, you have to merge UAN and then fill out Form 13 to transfer the balance amount from the account opened while working in two different organizations. After this, the amount has to be transferred to the account opened in the other organization. Once the balance is transferred to the PF accounts and it starts showing in your passbook, you can claim for withdrawal of the entire balance of PF.

You can also merge your PF account with UAN by sending an email to EPFO. First of all, an email has to be sent to uanepf@epfindia.gov.in, which includes your current active UAN and the UAN you want to merge. Apart from this, you can also complete the merger process online.

Inform your current employer i.e. the company in which you work about the problem. They will understand the process and take your work forward.

EPFO (Employees Provident Fund Organization) will verify the details and deactivate the previous UAN.

Tax is levied on PF money from this time.

Exemption is given on withdrawal of accumulated PF amount on the date of leaving the job. Because you have worked continuously for more than 5 years. Tax on PF withdrawal is levied in the year in which you are withdrawing money from the PF account. For example, if money is deducted from your PF account in the year 2022-23 and you withdraw money from the account in the year 2024-25, then you will be taxed in the year 2024-25. Not in 2023-23.

You can withdraw money even before maturity, know-how

An employee can withdraw money from his PF account even before maturity, but keep in mind that this is applicable only in some unavoidable situations. For example, one can withdraw money from the PF account for work like illness or building a house. One has to apply for this.

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