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Regarding PF withdrawal

26 January 2021

I have been removed from job in jul19...and i have not made any withdrawal pf...
now my query is for what period my accumulated pf balance will get interest after removing from job

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 26 January 2021

Pf will be calculated on the basis of number of years of your service provided that continuous 5 years of employment should be completed for pf withdrawal otherwise if you withdraw pf within 5 years then TDS will be deducted @ 10%

shikha taparia (47 Points)
Replied 26 January 2021

Thank you gor your comment...but my query is not regarding pf amt but period of interest on my fund amt

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 26 January 2021

Interest will be 8.5%

shikha taparia (47 Points)
Replied 26 January 2021

For what period....? will i receive interest even after removing from job.

harsha (student) (28 Points)
Replied 10 February 2021

PF withdrawal case : the case is employee left the org 6 years back and the employee org has been closed in the 2nd year from the date the employee left. So in jan 21 employee applied for pf partial withdrawal under form 31 duly applied. But in the last week, pf department conformed that there is no employer from the last 3 months. so can somebody help me out the process to withdraw the pf balance from the department. Any reply will be most helpful. Thanks in advance🙏