Hi Friends,
My company has taken up a policy of converting the contract associates into employees on a CTC basis, that is with PF, ESI etc legally recognising them as official employees of the company.
What my doubt is about that is there any rule on Provident Fund rules stating that the employee should have worked with the company for a specified period of time to be eligible for withdrawal of his Provident Fund amount.
I once heard that on working with a company an employee has to work for at least 3 months with the same company to be eligible for his Employee Pension fund amount and at least 6 months to be eligible for withdrawing his PF amount. This is the case if he opens a first time PF account with the company.
Could you please give me the right information on this matter.
From India, Bangalore
1My company has taken up a policy of converting the contract associates into employees on a CTC basis, that is with PF, ESI etc legally recognising them as official employees of the company.
What my doubt is about that is there any rule on Provident Fund rules stating that the employee should have worked with the company for a specified period of time to be eligible for withdrawal of his Provident Fund amount.
I once heard that on working with a company an employee has to work for at least 3 months with the same company to be eligible for his Employee Pension fund amount and at least 6 months to be eligible for withdrawing his PF amount. This is the case if he opens a first time PF account with the company.
Could you please give me the right information on this matter.
From India, Bangalore
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.ph...unts&submit=Go
From India, Coimbatore
https://www.citehr.com/search_new.ph...unts&submit=Go
From India, Coimbatore
Hi,
I ve left a Company on 31st April 2007 and after that I ve submitted the Form 19 & 10C for PF withdrawal. But till date I am yet to receive any thing from there. I want to know as it has more than 2 years over after left my Job from that Company, shall I get any interest of my pending PF amount for this two years.
Subhasis
From India, Calcutta
I ve left a Company on 31st April 2007 and after that I ve submitted the Form 19 & 10C for PF withdrawal. But till date I am yet to receive any thing from there. I want to know as it has more than 2 years over after left my Job from that Company, shall I get any interest of my pending PF amount for this two years.
Subhasis
From India, Calcutta
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