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nikhiljain1984
Hi,
I came to know on this forum the method of withdrawing the PF amount.
But i was told by some one that if you withdraw your Pf after 2 years of service as in my case you will not get the complete amount of pf.
Is that true, if yes then please tell me hw much percentage i would get of my total pf
thanks,
nikhil jain

From India, Hyderabad
malikjs
167

dear
basically empoyer share of PF is 12 % out of which 8.33% deposited in pension and 3.67% deposited in PF.12% employee share goes to PF,so total share of PF is 15.67% and pension is 8.33%.
now if u leave organisation within 6 month than u will not get 8.33% ie pension amount.as u are leaving after 2 years of contribution u will get full share with intrest.
tks
j s malik

From India, Delhi
tushar.swar
206

Dear Nikhil,
As per my knowledge, If your basic pay is more than 6500 /- p.m. So, employer can stop the PF deduction of employees & employer contribution.
For more information, please contact to any senior person, who is specialize in statutory compliance & labour laws.
thanks
Tushar swar.

From India, Mumbai
malikjs
167

dear yes agree with mr govind company can not stop withdrawl of PF under any circumstances. tks j s malik
From India, Delhi
sahoo_sukumar1982
Mallikjee please tell one thinks to me if on employees have basic 6500/ his pf deducted from his basic salary, in one organisation after six months his basic salary increased,
The question come he is now exampted till now employer deducted pf compulsory or not

From India, Calcutta
Divyata
I had a question here. In our company we have INR 780 each contributed by employee and employer. what will be the % break up for Pension and PF in this case. Thanks in advance Divyata
From India, Pune
Mahaender Siingh
1

Dear,
If PF deduction is 780/- it means basic is 6500/-.
Employee contribution for PF = 780/-
Employer contribution for PF = 239/- (12% of salary for PF less 8.33% of pesionable salary)
Employer contribution for EPS = 541/-
Senior pls suggest if i am wrong.
Thanks
Mahender Singh

From India, Faridabad
ABA.ABHI
Hello Sir,
I changed my company after working for 1yr of service. It has been 3yrs since then. I have not withdrawn my PF from the company? Can I do it now?
Wats the procedure & will I face any problems?
plz. reply at my email -
Regards,
ABA.

From India, Pune
aravind9666693549
PF Calculation = Basic Pay + DA = Rs.6500/- if it is more then this amount also the employer should follow the following formula =IF(A1>=6500,(780),IF(A1<=6500,A1x12%)) A1 indicates = Basic Pay + DA
From India, Hyderabad
muskan_juhi
Sir Can u pls give me your contact number as i am having lotz of queries
From India, Kolkata
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