REGARDING P.F - Form 19

HELLO EVERYONE,
CAN ANY ONE PLEASE TELL ME, IF A EMPLOYEE LEAVES HIS PRESENT ORGANIZATION AND JOIN THE OTHER, THEN HIS PF IS EITHER BEING GIVEN TO HIM OR IT IS TRANSFER BY FILLING FORM 19.
IF THE PRESENT ORGANIZATION IS GIVING HIM PF THE DOES PF IS CALCULATED BY THE COMPANY OR BY THE PF OFFICIALS ? WHERE V FILL THE RETURNS?
PLEASE GUIDE ME THROUGH THE PROCEDURE? PLEASE.
REGARDS,
VICKY

hi
PF will be calculated by the company when the PF is registered as a trust.
When it is deposited with the PF authorities then the transfer/payment will happen out of them.
hrg-rajaram

Hi,
THANK YOU FOR YOUR INFORMATION.

WOULD YOU PLEASE TELL ME HOW THE PF IS CALCULATED WHEN THE EMPLYOEE IS LEAVING HIS JOB.

IS IT THE ENTIRE ACCUMULATED AMOUNT THAT WE ARE DEDUCTING EVERY MONTHS ( 12% OF BASIC) OR IS THERE ANY OTHER WAY OF DOING IT?
REGARDS,
VICKY

Hi,
Incase of Filling the returns. You have to Fill the Form -19 for PF and Form 10-c for Pension scheme.The employee will be eligible for Pension scheme if only he has served the company for more tahn 6 month.
The 12% is divided as 8.33% for PF and remaining 3.67 to Pension scheme.
Along with Form-19 you have to attach the Form -3a for entire period for which the employee has worked.
The form -3a must contain the total contribution (12% of basic) from Employee and Employer.
Warm regards,
Sangeetha

Hi,
Incase of Filling the returns. You have to Fill the Form -19 for PF and Form 10-c for Pension scheme.The employee will be eligible for Pension scheme if only he has served the company for more tahn 6 month.
The 12% is divided as 8.33% for PF and remaining 3.67 to Pension scheme.
Along with Form-19 you have to attach the Form -3a for entire period for which the employee has worked.
The form -3a must contain the total contribution (12% of basic) from Employee and Employer.
Warm regards,
Sangeetha

hi Vicky,
If an employee leaves his old organisation he can withdrawn PF after two month of leaving his job, or if want the benefits under provident fund such as advance against his amount deposited, pension he can get the amount transfered to his new organisation by filling form no. 13 i.e transfer form
Regards
Chandrakant
9820592842

Hi,
Vicky sangeetha is given you wrong information to you about the PF
Regards
Chandrakant V