I would like to have a guidance on PF transfer and withdrawal.
I worked for a company in Noida for 2 years and my PF account is dormant now.
I worked for another company in Bangalore for 4 years. I did not get my PF account transferred. I left Bangalore company 3 years back and I am currently working outside India.
Now I want to withdraw my PF balance. I thought that if I transfer my balance from Noida to Bangalore then I can withdraw from Bangalore without TDS.
But my ex employer in Bangalore is telling me that I cannot transfer my Noida balance to Bangalore now since I am not working for Bangalore company now.
I don't want to pay heavy TDS.
What are the options available?
Thanks in advance
According to me the only option to get Income Tax exemption is to join with a PF applicable service and transfer the EPF both previous services by submitting separate forms viz. form 13 to the previous RPFC offices through your present employer.