Friends/Seniors
Can an existing subscriber to PF apply to Commissioner in prescribed Form 1 for exemption of all or some provisions on him pursuant to Paragraph 27 of EPF Scheme. Means the employee while continuing with the employer company wants to come out of PF scheme and get back the accumulations.
The paragraph is enclosed. I could not understand the meaning of proviso to Paragraph 27(1). Can anybody share his/her thoughts please.
Regards,
Attached File : 580277 1385610 paragraph 27 of epf scheme.pdf downloaded: 241 times
CAclubindia
