I am about to join new company and they have presented option to opt-out PF
But Can I opt out of EPF in my second job as my basic salary is 16167rs/- and I was part of EPF in my first job?
Please need a advice ASAP
From India, Lonavla
But Can I opt out of EPF in my second job as my basic salary is 16167rs/- and I was part of EPF in my first job?
Please need a advice ASAP
From India, Lonavla
I recommend to continue your PF A/c despite the fact that you are given an option. PF savings being a social security for any employee it also associated with EPS, IT Exemption benefits and also transferable from one to other employer as and when switch over jobs.
Go for EPF/EPS.
From India, Bangalore
1077Go for EPF/EPS.
From India, Bangalore
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.
EPF ON LINE REGN. USER MANUAL.pdf