Dear Members,
Please find attached a Word file showing the relevant paragraphs for withdrawal of PF accumulated amount of the employee. I believe it will be useful for HR professionals to guide their employees.
Regards,
Rapolu HS
From India, Hyderabad
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7Please find attached a Word file showing the relevant paragraphs for withdrawal of PF accumulated amount of the employee. I believe it will be useful for HR professionals to guide their employees.
Regards,
Rapolu HS
From India, Hyderabad
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Dear Raghul Singh, It is a simple word file and it is very easys to open. However, once again I am sending the same for your reference. Regards, Rapolu HS
From India, Hyderabad
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From India, Hyderabad
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Please help me in understanding the PF withdrawal scenario. I left my previous company after working there for 4.7 years. If I withdraw my PF now, will it be taxable, and how will the tax be deducted? Also, if I withdraw the PF after completing 5 years, will it be taxable or not? Please provide an answer to my query.
From United States, Dallas
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From United States, Dallas
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Hi Harish. The PF amount is not taxable. Now If you are working any other company & if you are having PF benefit over there then you can transfer. Or else you can withdraw now. Cheerz Jeeva
From India, Bangalore
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From India, Bangalore
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Scenario:
I have been working with a company for 8 years. I plan to resign and not take up another job for at least 3 months. Following this, I plan on starting my own business and wish to withdraw the PF for this purpose.
Question:
1) Will I be able to withdraw the full 100% of my PF balance along with the pension amount?
2) What kind of documentation will I need to provide to indicate unemployment?
3) How long does it take to receive such funds in the account following the submission of the PF withdrawal form?
From India, Pune
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I have been working with a company for 8 years. I plan to resign and not take up another job for at least 3 months. Following this, I plan on starting my own business and wish to withdraw the PF for this purpose.
Question:
1) Will I be able to withdraw the full 100% of my PF balance along with the pension amount?
2) What kind of documentation will I need to provide to indicate unemployment?
3) How long does it take to receive such funds in the account following the submission of the PF withdrawal form?
From India, Pune
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Early PF withdrawal won’t be easy.pdf
INDEMNITY CUM AFFIDAVIT TOWARDS PF WITHDRAWAL.doc