i am working in a private organisation since 1990. at present i completed 27 years of my service . and i want to make withdrawal from employers contributions . how much amount(in %) can i take out? more
Hi, you can withdraw to the extent of 90% of both employee and employer contribution. Criteria are different for the purpose of utilisation of your funds. U can withdraw through your employer easily. On 10 Mar 2017 23:06, "PRAKASH BAVISKAR" wrote: > more
HI, You have more than 27 years of service. If its a same company you can withdraw the benefits from the employer share how its like this. Employee share (that is your share of PF 12% from your basic plus da if any will be your shar) the same way employer share is divided into two portion in this 8.33% is for pension and remaining (12-8.33=3.67%) only available for your withdrawal. You have to calculate like this from your joining time. Plus interest on this 3.67% every year along with 12% of your share gk. more
You can withdraw from your PF fund, there are reasons against which you can avail of advance by submitting the new composite claim form which you can download from epfo site. more
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Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
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I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
I have withdrawn my eps from previos employer.After that I served with new employer for about 9 years and my eps contribution was deposited.After retirement I want to withdraw this additinal 9years...
EPFO Takes 15-20 Days for PF Withdrawal Shouldn’t Take More Than 2-3 Days in 2024 Pay Compensation of ₹5000 Per Day if Withdrawals Delayed by Lazy Sarkari Babus
By Naina Mittal
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