Withdrawal from epf account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 December 2013
I was working with the organisation drawing 50,000 p.m. The employer had deducted 12@ pf I left the organisation 5 months ago and now joining new employer on 55,000 p.m. CTC The new employer will not deduct PF as my salary is above 6,500.
Is it possible for me to withdraw the accumulated balance from PF account?
Is it mandatory for the new employer to deduct PF contribution as I am already covered in PF scheme?
Is it possible for me to withdraw the accumulated balance from PF account?
Is it mandatory for the new employer to deduct PF contribution as I am already covered in PF scheme?
30 December 2013
Hi
Yes you can withdraw PF since your new employer is not contributing PF.
Since your Basic is above 6500, your new employer are not required to contribute PF.
Thanks//VaibhavJ
Yes you can withdraw PF since your new employer is not contributing PF.
Since your Basic is above 6500, your new employer are not required to contribute PF.
Thanks//VaibhavJ
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