Hi Friends
Friend of mine Worked for a company for 4 months .has resigned his job due to Contineous illness due to chikengunia ..., PF has been deducted to in his current co ...
he doest want his Future employer to knw that he left the job due to sickness ..as that will never fetch a job for him ...
so he want to hide it & wants to show that he is still with his Ex employer
my ques is whether he can take the Pf money & cancel the account / transfer to his new employer
if he transfers the account
Will that create a problem of, them finding out that he is not the employee which is shown in his releaving letter
kindly reply ...
From India, Madras
Friend of mine Worked for a company for 4 months .has resigned his job due to Contineous illness due to chikengunia ..., PF has been deducted to in his current co ...
he doest want his Future employer to knw that he left the job due to sickness ..as that will never fetch a job for him ...
so he want to hide it & wants to show that he is still with his Ex employer
my ques is whether he can take the Pf money & cancel the account / transfer to his new employer
if he transfers the account
Will that create a problem of, them finding out that he is not the employee which is shown in his releaving letter
kindly reply ...
From India, Madras
Dear Sirajuddin,
Your friend cannot withdraw his full PF amount since he has not completed his 6 months term. He can fill up 10C fom and select to accept PF scheme certificate. Or else he can withdraw partial amount of 12% of his share of contribution and 3.67% of employers share but not remaining 8.33% of Pension fund.
If he wants to transfer the same to his new employer then there the is problem because he has to fill up form No 13 to get his funds transfered to the new account where he has to fill up the details regarding his previous employment and resignation, so obviously alerting his new employer...
Regards,
Shreekanth.P.R
From India, Mumbai
19Your friend cannot withdraw his full PF amount since he has not completed his 6 months term. He can fill up 10C fom and select to accept PF scheme certificate. Or else he can withdraw partial amount of 12% of his share of contribution and 3.67% of employers share but not remaining 8.33% of Pension fund.
If he wants to transfer the same to his new employer then there the is problem because he has to fill up form No 13 to get his funds transfered to the new account where he has to fill up the details regarding his previous employment and resignation, so obviously alerting his new employer...
Regards,
Shreekanth.P.R
From India, Mumbai
HI sreekanth Thankyou so much for your prompt response kindly tell me what has to be done ...Will that be fine , can my friend open a new Pf account with his future employer without getting caught
From India, Madras
From India, Madras
Dear Mona, Attached is the Form No.13. Go through it once (it is very simple).If you have some have doubts, please revert back. Regards, Shreekanth.P.R
From India, Mumbai
From India, Mumbai
Hi, What is the treatment for the PF amt not withdrawn by the employee even after resigning the job.
From India, Ranchi
From India, Ranchi
Hi
Could Please provide me the PF Withdraw Calcultor in an excel Formet by providing input salary data which will helps me to know the prevous company PF amount.
Hope i will receive the favourable repay
regards
Umesh
From India, Mumbai
Could Please provide me the PF Withdraw Calcultor in an excel Formet by providing input salary data which will helps me to know the prevous company PF amount.
Hope i will receive the favourable repay
regards
Umesh
From India, Mumbai
date of joining - 10/02/2010
date of leaving - 16/05/2010
4 months
amount - 1450/- from employee
want to transfer form 13 new company
date of joining - 07/12/2009
date of leaving - 07/09/2010
10 months
amount - 5700/-
want ot transfer
i think this will help u fill the form further
regards,
mona
From India, Madras
date of leaving - 16/05/2010
4 months
amount - 1450/- from employee
want to transfer form 13 new company
date of joining - 07/12/2009
date of leaving - 07/09/2010
10 months
amount - 5700/-
want ot transfer
i think this will help u fill the form further
regards,
mona
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls