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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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How to link Aadhaar to EPF account online and save PF contribution: Step by steps process

PF New Rules 2021: Employees’ Provident Fund Organization (EPFO) new rules which are effective from June 1, 2021, require PF account holders to link their Aadhaar card with their PF account. Failure to comply with the new PF rules might have a major impact on their EPF contribution.

PF New Rules 2021: What do the new rules state?

EPFO ​​has implemented new rules under section 142 of the Social Security Code 2020. As per the new rules, the regulatory body has instructed the employer that from June 1, if a PF account is not linked to Aadhaar card, then its ECR (Electronic Challan cum Return) will not be filed. In simple words, if the linking between Aadhaar cards and PF accounts is not completed, then the employer contribution to the PF account may be stopped. Moreover, if the accounts of PF account holders are not linked with the Aadhaar card, then they will not be able to use the services of EPFO as well.

As stated by the Union Ministry of Labour and Employment, employees need to provide the unique 12-digit Aadhaar number to avail benefits and receive payment, registration under section 142 of Social Security Code 2020.

To avoid discrepancy, here is a simple step-by-step guide to link the Aadhaar card to PF account.

How to link Aadhaar to PF account

Step 1: Open the EPFO website www.epfindia.gov.in on the web browser

Step 2: Log in to your EPF account.

Step 3: Under the ‘Manage’ section you will find the ‘KYC’ option.

Step 4: Enter your UAN number and mobile number registered with the UAN account.

Step 5: An OTP will be sent to your mobile number, enter the OTP and the 12-digit unique Aadhaar number.

Step 6: Select aadhaar verification method which can be done via mobile or e-mail

Step 7: You will receive an OTP again to verify your Aadhaar details. Enter the OTP, and once the verification process is done your Aadhaar will be linked to your PF account.



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