Hi Divya
Below given are two points taken from the PPT attached by u.
Kindly explain if a employee works for two years and after that he wants to withdraw the PF amount then whether he will get the complete 24% contribution of both the sides or 12% of employee and 3.67% of the employeri.e,excluding the 8.33% contribution.
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1.12% contribution by the employee is directly transferred to his Provident Fund A/c
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2.12% is contributed by the employer out of which 8.33% is credited to Employee Pension Fund and the balance 3.67% is transferred to PF A/c of the employee
Regards
Swati
[QUOTE=rajasekar16;917471]Hi Vidya,
I hope this attached PPT will help you on EPF.[/QUOTE]