I got salary in cash pm 39000 but new company demanded me pf a/c and form 60 but idnot have any of them so what should i do?please provide me some valuable inf.
From India, Amravati
Dear Nileshlolusare,
In the case of cash salary they wont deduct PF, hence you can give FORM 11 for PF excemption otherwise new PF Account Number has to be created for you (it is based on the company norms). After that you will receive UAN (Universal Account Number) for PF. If you are resigning the job with your current employer in the sence you may apply PF transfer based on the UAN. Deducted PF Amount and employer Share has to be transfer to your new account.'
For TDS purpose they may ask FORM 60. If you are having PAN Card means you may submit the copy of PAN Card. FORM 60 is not necessary.
FORM 60 is mandatory only if you are not having PAN Card.
Regards,
Kavitha

From India, Chennai
my previous company is small scale there is 7-9 employes are working,they are giving only cash salary but new company required pf a/c and form 60 so how can i a manage because all the process has been completed but due to this two document they are not given appointment letter, they are asking me solid proof of salary.so what should i do ,pls co-operate...
From India, Amravati
[QUOTE=nileshlolusare;2204575]my previous company is small scale there is 7-9 employes are working,they are giving only cash salary but new company required pf a/c and form 60 so how can i a manage because all the process has been completed but due to this two document they are not given appointment letter, they are asking me solid proof of salary.so what should i do ,please co-operate...if you have any suggestion please informed me.
From India, Amravati
Dear Nileshlolusare, In this case you may produce your pay slip or else you may ask your last employer like letter for resignation, placement letter or Appointment letter. Regards, Kavitha
From India, Chennai

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