Can anybody tell me how to open an employee PF?how many forms to be filled up?what is the interest employee will be getting?How many forms to be filled up for withdrawal of PF amount?How to calculate the same?
With Regards,
Shruti

From India, Pune
Dear Friend,
Although I am unable to give the exact information you require, Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.ph...Fund&submit=Go
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Regards
M. Peer Mohamed Sardhar
93831 93832

From India, Coimbatore
Hi Shruti,
Every employee on becoming a member is required to submit a nomination in the Form No. 2 to his employer..
The employer should obtain, at the time of employment , Declaration Form in FORM no.- 11.
The employer is required to submit a monthly return in Form-5 giving the names and other particulars of new joinee...
The interest is decided by the Government for every year.. for last year it is decided 8.5% ..
To withdraw the PF contribution one is required to fill up the FORM 10C and 19..
It is been contributed 12% of basic salary from both Employee as well as Employer side.. out of which 12+3.67% goes to PF fund whereas 8.33% goes to Pension fund..
Regards,
Amit Seth.

From India, Ahmadabad
Hi All,
Amit its a good reply.
I would like to add something to it.
There is Form 10 where in we need mentione the names of the left employees and submit everymonth.
Also for transferring PF amount the employee need to fill and submit the new employer Form 13 for PF amount transfer.
Suresh Deshpande,
9908516668.

From India, New Delhi
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