Hello,
I had one doubt. I changed my company and the earlier company did not bifurcate the pension amount from the PF. I enquired in PF office and was told that the company needs to submit three documents
1) Letterhead
2) Form 3A
3)Indemnity bond
My doubt is
On a Rs.100 stamp paper, if we make an indemnity bond is it fine? Also, the stamp paper is issued with a name only. So whose name should I put?
Also, if anyone has faced this kind of problem , is the issue resolved after submitting the documents
Thanks
From India, Mumbai
I had one doubt. I changed my company and the earlier company did not bifurcate the pension amount from the PF. I enquired in PF office and was told that the company needs to submit three documents
1) Letterhead
2) Form 3A
3)Indemnity bond
My doubt is
On a Rs.100 stamp paper, if we make an indemnity bond is it fine? Also, the stamp paper is issued with a name only. So whose name should I put?
Also, if anyone has faced this kind of problem , is the issue resolved after submitting the documents
Thanks
From India, Mumbai
Hi, If you are issuing and signing the Indemnity bond then stamp paper to be in your name.
From India, Madras
942From India, Madras
Indemnity Bond to be on Rs. 110/- Stamp Paper duly Notarised after your signatures.
Usually, this correction takes 3-4 months.
Also, submit your copy of Aadhar, PAN, Form 5 and Form 10 (All attested by your employer).
From India, New Delhi
Usually, this correction takes 3-4 months.
Also, submit your copy of Aadhar, PAN, Form 5 and Form 10 (All attested by your employer).
From India, New Delhi
Thanks Abhishek. I have not heard 110. It is usually in denomination of 50 or 100. Is this some special kind of Stamp paper? Also,.I wanted to ask that an employee suffers with no fault of his. I mean pension has not cut from the employer side. Is there no remedy without involving the employer? Directly, PF department can't do this rectification?
Also, why it takes so long time? They didn't mention to me about forms other than 3A.
Thanks
From India, Mumbai
Also, why it takes so long time? They didn't mention to me about forms other than 3A.
Thanks
From India, Mumbai
In this case, most of the times employees fill wrong information at the time of joining in PF Form 11 due to unawareness and based in the declarations in Form 11, employer moves ahead for EPS or No EPS.
There is no remedy without the involvement of your employer as the employer will attest all the documents and give a declaration on letterhead stating the facts and in case of any fradulent payment occoured in this regard than the employer will be responsible for the same. Similarly, employee also gives Indemnity Bond with the same purpose.
Normally, Indemnity Bonds are on Rs. 110/- Stamp Papers in most of the states but in case Rs. 110/- stamp paper is not available in your state than you can use Rs. 100/- as well.
Maybe the PF Office may have not told you about the other documents as it is common, it is advised to submit the additional documents as mentioned above so that no delay or rejection may be done by the PF Officials.
As the correction involves internal approvals at various levels and involves long calculation depending upon your service and adjustments of any withdrawal, it usually takes 3-4 months and that too you have to do follow ups.
From India, New Delhi
There is no remedy without the involvement of your employer as the employer will attest all the documents and give a declaration on letterhead stating the facts and in case of any fradulent payment occoured in this regard than the employer will be responsible for the same. Similarly, employee also gives Indemnity Bond with the same purpose.
Normally, Indemnity Bonds are on Rs. 110/- Stamp Papers in most of the states but in case Rs. 110/- stamp paper is not available in your state than you can use Rs. 100/- as well.
Maybe the PF Office may have not told you about the other documents as it is common, it is advised to submit the additional documents as mentioned above so that no delay or rejection may be done by the PF Officials.
As the correction involves internal approvals at various levels and involves long calculation depending upon your service and adjustments of any withdrawal, it usually takes 3-4 months and that too you have to do follow ups.
From India, New Delhi
Thanks for the guidance..is it only form 5 and form 10..mean there is no a and b to it.. right?
From India, Mumbai
From India, Mumbai
Hello,
The company is not at all cooperating. Hence I have decided to do the indemnity bond myself. After that I will take the stamp from company along with required documents.
But an employee submitting the documents to PF office is fine? Also, what are the precautions to take like taking a sign on a Xerox as a proof of submission?
From India,
The company is not at all cooperating. Hence I have decided to do the indemnity bond myself. After that I will take the stamp from company along with required documents.
But an employee submitting the documents to PF office is fine? Also, what are the precautions to take like taking a sign on a Xerox as a proof of submission?
From India,
While filling the employment form, i filled in the below:
Whether earlier a member of Provident Fund Scheme 1952 - I answered in yes
Whether earlier a member of employees Pension Scheme 1995- I answered in no
Is the above possible?
In what cases it could be same and it could differ?
Regards,
From India, Mumbai
Whether earlier a member of Provident Fund Scheme 1952 - I answered in yes
Whether earlier a member of employees Pension Scheme 1995- I answered in no
Is the above possible?
In what cases it could be same and it could differ?
Regards,
From India, Mumbai
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Revised online process for issue of PF code from 1.12.2015.pdf