Mr. Malik,
Can u plz clarify one more doubt for me!! I have given the PF withdrawal application to my old employer and they said they have submitted the same to PF office, it was in the 1stweek of March 09 and till now i haven’t received the amount. Could u plz tell me wht should be my next step to know the status on it? Is their any ways where i can check the status of my withdrawal form?
Please clarify.
Thanks in advance.
From United States, Winston Salem
1Can u plz clarify one more doubt for me!! I have given the PF withdrawal application to my old employer and they said they have submitted the same to PF office, it was in the 1stweek of March 09 and till now i haven’t received the amount. Could u plz tell me wht should be my next step to know the status on it? Is their any ways where i can check the status of my withdrawal form?
Please clarify.
Thanks in advance.
From United States, Winston Salem
i have following doubts to clarify. Experts please clarify my doubts.
1. When any employee complited 10 year or more service in any organasation ,if he is resine his job that time he has withdrow total deposited pension amount or he has laible to pay monthaly pention.
Please clarify these doubts,
Thanks and regards,
Samir:confused:
From India, Mumbai
1. When any employee complited 10 year or more service in any organasation ,if he is resine his job that time he has withdrow total deposited pension amount or he has laible to pay monthaly pention.
Please clarify these doubts,
Thanks and regards,
Samir:confused:
From India, Mumbai
Dear shijit,
No there is no provision of 3 Yrs. for EPF coverage, infact presently if a company established with single employee EPF coverage will be must.
Secondly when an employee becomes a member of EPF he will remain be a member until he resigned from the organisation, Increment in salary didn't effect the same, minimum contribution will be must.
thanxs & regards,
from,
sumit kumar saxena,
9899669071, 0120-4131277
From India, Ghaziabad
No there is no provision of 3 Yrs. for EPF coverage, infact presently if a company established with single employee EPF coverage will be must.
Secondly when an employee becomes a member of EPF he will remain be a member until he resigned from the organisation, Increment in salary didn't effect the same, minimum contribution will be must.
thanxs & regards,
from,
sumit kumar saxena,
9899669071, 0120-4131277
From India, Ghaziabad
Dear Samir
When an employees completed the service period of 10years then he/she become eligible to get pension under employee family pension scheme1995,97.While leaving his job he/she can withdraw only his share(12%)+employer share(3.67%).Pension shall be paid to him after attaining the age of suppernauation 58yrs or under VRS at age 50,55yrs.
:icon1:
From India, Ludhiana
When an employees completed the service period of 10years then he/she become eligible to get pension under employee family pension scheme1995,97.While leaving his job he/she can withdraw only his share(12%)+employer share(3.67%).Pension shall be paid to him after attaining the age of suppernauation 58yrs or under VRS at age 50,55yrs.
:icon1:
From India, Ludhiana
Hello Sudhakar,
I am no expert or a senior but as far as my knowledge employee can increase his contribution towards PF.
As you say Employer deposits 8.33% in EPS and rest in EPF which is right and max for EPS will be not more then 541 Rs as you have correctly mentioned. Employee can increase his contribution by opting for VPF.
"No employee or employer will be allowed to make a pf contribution of less than 12 % and VPF also can be contributed upto the maximum of Statutory rate"
So Employee can increse his contribution to double of his contribution lets again take a example of Rs 780 he can contribute his share of s 780 + VPF of 780 aswell... so it can go to Rs 1560.
Now this is the maximum limit so he can contribute Rs 1000 aswel after making the application in that regards..
This is my understanding please senior let me know if I am wrong...:(
Regards,
Sourabh Deval
From India, Pune
I am no expert or a senior but as far as my knowledge employee can increase his contribution towards PF.
As you say Employer deposits 8.33% in EPS and rest in EPF which is right and max for EPS will be not more then 541 Rs as you have correctly mentioned. Employee can increase his contribution by opting for VPF.
"No employee or employer will be allowed to make a pf contribution of less than 12 % and VPF also can be contributed upto the maximum of Statutory rate"
So Employee can increse his contribution to double of his contribution lets again take a example of Rs 780 he can contribute his share of s 780 + VPF of 780 aswell... so it can go to Rs 1560.
Now this is the maximum limit so he can contribute Rs 1000 aswel after making the application in that regards..
This is my understanding please senior let me know if I am wrong...:(
Regards,
Sourabh Deval
From India, Pune
Dear sir / Mam,
Kindly do the needful to know my PF account balance in the below mentioned Account.
Account No.---- DL-22456/97
Kindly do the needful and revert back.
Thanks & Regards....
Naveen Jindal
From India, New Delhi
Kindly do the needful to know my PF account balance in the below mentioned Account.
Account No.---- DL-22456/97
Kindly do the needful and revert back.
Thanks & Regards....
Naveen Jindal
From India, New Delhi
Hi,this is Rashmi ranjan mohanty, i was working in SATURN TELECOM PVT LTD, from sept 1996 to 2002.MY PF account no is =166 & company code is DL/13890.NEW DELHI.They deduct pf from jan 1997---------------.but i don;t know wheter it was deposited or not,pls help me.i want to withdharw that money.now am not in that company.pls help me.
thank you.
with regards
rashmi mohanty.:?:
From India, Baleshwar
thank you.
with regards
rashmi mohanty.:?:
From India, Baleshwar
DEAR SHIJIT
Every employer needs to get registered once the employee strength gets past 20
The concept of 3 years will be applicable only when the employer wants to maintain and manage PF contributions by forming its own PF commitee and trust , the PF office provide you such facility to the organisation under SEc(17) provided the company do not have any negative record (towards payment of contributions ) in the immediate previous three years and the company is having employee strength of more than 100
The company still needs to maintain all the records as requried and sbumit the returns , but the fund control will be with the company provided the benefit as provided by the company has to be better than the Statutory benefits then you can get it registered for Separate maintainenace of PF accounts (Here only the concept of 3 years ) is applicable in PF act
Hope you will be cleared of your doubt
regards
R Sudhakar
9962006113
From India, Madras
Every employer needs to get registered once the employee strength gets past 20
The concept of 3 years will be applicable only when the employer wants to maintain and manage PF contributions by forming its own PF commitee and trust , the PF office provide you such facility to the organisation under SEc(17) provided the company do not have any negative record (towards payment of contributions ) in the immediate previous three years and the company is having employee strength of more than 100
The company still needs to maintain all the records as requried and sbumit the returns , but the fund control will be with the company provided the benefit as provided by the company has to be better than the Statutory benefits then you can get it registered for Separate maintainenace of PF accounts (Here only the concept of 3 years ) is applicable in PF act
Hope you will be cleared of your doubt
regards
R Sudhakar
9962006113
From India, Madras
Hello Sourab
You are right but the deduction will be shown as
PF contributions and
VPF contributioins
and not on the same head as PF contributions, as VPF contributions to dont attract any statutory interst, it is only your way of saving and it is useful only for the purpose of Tax exemption and saving
Regards
R Sudhakar
9962006113
From India, Madras
You are right but the deduction will be shown as
PF contributions and
VPF contributioins
and not on the same head as PF contributions, as VPF contributions to dont attract any statutory interst, it is only your way of saving and it is useful only for the purpose of Tax exemption and saving
Regards
R Sudhakar
9962006113
From India, Madras
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls