Hi, I had submitted a request to transfer my pf from my previous company to the current one.
Recently I got rejected and the reason was stated as :
1) HIGHER WAGES PLEASE CLARIFY WHY EPS SERVICE? 2) FATHER's NAME DIFFERS
I have no idea what to do now, any help would be appreciated
PS : My old company doesn't exist now, it was merged with another entity.
From India, Ambala
Recently I got rejected and the reason was stated as :
1) HIGHER WAGES PLEASE CLARIFY WHY EPS SERVICE? 2) FATHER's NAME DIFFERS
I have no idea what to do now, any help would be appreciated
PS : My old company doesn't exist now, it was merged with another entity.
From India, Ambala
2
The old company should have contributed 8.33% and 3.67% of your salary to Pension fund and Provident fund respectively instead of 12% to provident fund alone. That is why this question is asked. If that old company was your first company and you joined that company after 1st September 2014, with a PF qualifying salary of more than Rs 15000, the employer should not have bifurcated the contribution payable by him. Now you can give a clarification to this through the previous employer why this happened. Obviously, it should be du to oversight and that can be mentioned in the letter. Simultaneously, you can send a joint declaration for correcting the name of you father in the PF records.
Merger will not make any difference because even after merger, the old company PF will be active and the employer can approve the updations made by the employees using his digital signature. Any clarifications required as above, shall also be given in the old company's letter head.
From India, Kannur
Merger will not make any difference because even after merger, the old company PF will be active and the employer can approve the updations made by the employees using his digital signature. Any clarifications required as above, shall also be given in the old company's letter head.
From India, Kannur
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PF Online Transfer.pdf
Steps to transfer PF amount.jpg