Hi all.
i have one query regarding PF withdrawal. one of my colleague has joined my co, in this week, now he wants to withdraw his PF whereas as per law there has to be 2months gap in your current and Last organisation.
Regards,
Abhishek Singh

From India, New Delhi
The person should apply for PF withdrawal only after 2 months after he has left the job and will get the money within 45 days of the application. Any one who has worked even for a day in the organization is entitled for PF withdrawal.
Cheers,
Guru
Be the Change you want to see in the World

From United Arab Emirates, Dubai
dear abhisekh you are correct ,than what is your doubt.he can only apply after 60 days of leaving organisation. tks j s malik
From India, Delhi
nw in our co. he do not want to continue with PF deduction, where as legally there must be PF deduction.
and he is saying he will give us written Declaration that he never been member of PF fund. and he wants to have that part in take home salary. will the declaration form would work?

From India, New Delhi
dear you are correct and no declaration as such required seprately ,you only take signature on form 11 which is made for this purpose only. tks j s malik
From India, Delhi
Dear
I have also an query about PF withdrawl. If person withdrawing PF of last organisation as per PF rule shall that PF amount come under taxable income or it has some excemption under I Tax law.
Mahender Singh

From India, Faridabad
HI,
I also have the same query regarding the PF withdrawal. Many of the PF Application forms which we have signed for the employees have returned back stating, that the employee has not worked for min 6 months. My concern is that, the money of the employee & employer are going waste. Could anyone please suggest me a way on this.

From India, Madras
dear
regarding tax on PF withdrawl .yes if you have withdrawn your PF before supernuation than it is taxable .on supernuation PF withdrawl not taxable.
regarding withdrawl of PF before completing 6 months ?"
you will only get withdrawl of PF not pension share .
they may be making such remarks on 10 c ,PF authorities will make payment against form 19.
tks
j s malik

From India, Delhi
Mr. Malik, I saw your message stating that Employee have an option not to opt for PF using Form 11. Can you pls eloborate on this? Regards, Srini
From India, Madras
Hello!
I have 2 queries. What is the minimum and maximum time limit taken for the PF withdrawal? Does it also takes 4 months if the employee's bank a/c is in outstation?
Also, What important documents (like experience certificate) should be collected from the company after filling up the Exit form?

From India, Nagpur
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