Transfer Of Employees From One Company To Another Company Within The Group

SHiremath
Dear all
Whether I can withdraw my PF amount, suppose if I had transfer from one company to another company within the group.
Kalyan Mitra
Hi,
Since u are in the mainstream and not leaving the Company but only getting transferred to another group under such circumstances if each group has separate PF code your Pf amount should be transferred to the group where u are transferred. But if the company has one PF code covering all groups then your Pf identity is not changed and thereby u cannot withdraw. However, it depends on the rules and practices of your Company.
nareshgadde
Dear Friend,
To transfer your pf amount with in same group,if there is separate
code alloted to company with in the group.or else not required.
with regards
naresh
yadavmanoj2006
Dear ALL,
If the company transferred any employee to with in the group company but one state to other state i want to clear few doubt
1) He continue same P.F. or withdraw P.F. money
2) Whether his service is break, he is eligible for Gratuity and his five years is not completed.
3) Any other compensation he can ask from company or he eligible for bonus, gratuity,and other beneifits.
Looking for reply
Thanks & Regards
Manoj Yadav
JoinHandsHyderabad
Hi,
I agree with the Kalyan's statement.
According to your interest you have both options either to transfer or withdraw pf ammount thereby u can generate a new PF code. You are not eligible to claim 8.33% (Pension Fund) of employer contribution.
Bye
Bye
hrprakash
Hi,
Can any one send me the procedure to be followed and Format (Letter)
and regarding the Gratuity.
we are having 2 emps who were working in our group of companies from last 15 years. Know they are to be transffered to our company. what about their gratuity amount.
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