what is Bill of Entry.
please tell me in detail.


thanking you

Dear Experts,

Recently I have withdrawn my EPF balance and realised that I have short received the employer's contribution.I also received a letter from EPFO confirming that the pension amount is not paid and additional form 1B has to be submitted by the employer so that pension details against my account are identified.On contacting my last employer I was informed that since I have worked there for only six months my pension amount is forfeited. Even if I consider that this forfeiture is as per the regulations,still the amount that I have short received is much more than the pension amount due from my last employer.

1) Is it true that pension amount is forfeited if a person works for 6 months or less for an organisation?
2) I have also not received the pension from the employer prior to my last employer with whom I have worked for two and a half years.What is the reason behind that?
3)Or is the amount being held up because I have not submitted form 1B.

Regards,

X is a resident of India and is working in India, before he was working in US. X's Indian employer want to import machinery from China and China exporter wants money in US dollor. As X has savings in US dollors, X's employer wants X to pay china exporter and the employer will pay money to X in INR. please tell me is their any regulations regarding this & any section/any reference regarding this.

Dear Experts,

Recently I have withdrawn my EPF balance and realised that I have short received the employer's contribution.I also received a letter from EPFO confirming that the pension amount is not paid and additional form 1B has to be submitted by the employer so that pension details against my account are identified.On contacting my last employer I was informed that since I have worked there for only six months my pension amount is forfeited. Even if I consider that this forfeiture is as per the regulations,still the amount that I have short received is much more than the pension amount due from my last employer.

1) Is it true that pension amount is forfeited if a person works for 6 months or less for an organisation?
2) Is it possible that my employer prior to my previous employer has not transferred my pension amount when I switched job?
3)Or is the amount being held up because I have not submitted form 1B.

You assistance will be highly appreciated.
Regards,

Sukanya

Sir/Madam,
Please confirm whether an Organaisation can avoid EPF coverage to a person or to their newly appointed persons with a starting Basic salary Rs.6500/- and above, if so give the EPF rules details in this regard.
S.Ram / 29-6-2012

URGENT: PLEASE REPLY:
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