Provident Fund

This query is : Resolved

Prasad (Querist)
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09 June 2011 Employees who have crossed 58 need not covered for PF (if my understanding is correct), however what happens if the employee is an international worker, do they have to be covered for PF.

Secondly on the withdrawal part can this amount be withdrawn at the end of their tenure in the Indian company what rules apply

U S Sharma

U S Sharma (Expert)
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10 June 2011 as earnings are in indian rupees, so income tax provisions apply at par for international workers also for PF alongwith indian workers, at the end of tenure, PF department will honour their claim at par with indian workers.

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