HI,
My current employer doesn't deduct PF. But I have a PF account with my earlier employer. I do not want to withdraw the accumalated PF from my previous PF account. How long can I keep this account in an inactive state (By inactive state I mean neither I wish to withdraw nor I wish to transfer, unless I join an organistaion where they again start deducting my PF) . Will any penalty be imposed or is there any maximum time limit for which I can keep the account inactive.
My current employer doesn't deduct PF. But I have a PF account with my earlier employer. I do not want to withdraw the accumalated PF from my previous PF account. How long can I keep this account in an inactive state (By inactive state I mean neither I wish to withdraw nor I wish to transfer, unless I join an organistaion where they again start deducting my PF) . Will any penalty be imposed or is there any maximum time limit for which I can keep the account inactive.