EPFO Warning: Merge Multiple UANs Now to Avoid Losing Interest & Tax Penalties!

• Having multiple UANs is illegal and common due to job changes or incorrect information, leading to separate EPF accounts.
• Inactive EPF accounts linked to old UANs stop earning interest after three years, causing significant financial loss.
• Split service periods across multiple UANs can lead to tax on PF withdrawals if continuous 5-year service cannot be proven.
• Causes include mismatches in Aadhaar, PAN, name, DOB, or un-updated exit dates from previous employers.
• Merge UANs via the EPFO Member Portal's "One Member One EPF Account" service after ensuring KYC and exit dates are updated.

Why It Matters: Merge your multiple EPFO UANs promptly to safeguard your interest earnings and avoid tax liabilities.