My friend was working at HDFC Standard Life, and in March 2011, he left that job. He then sent a request for PF Transfer to the department, but after some time, they sent the email written below. Please read this and help me regarding the query of PF transfer.
We are in receipt of your PF withdrawal/Transfer form no. 19 along with Pension form no. 10C.
In this regard, we would like to inform you that:
PF Trust and Exemption Status
HDFC Standard Life Insurance Company Ltd. (hereinafter referred to as "Company") earlier maintained a PF trust, which was recognized under the Income Tax Act, 1961. The Employees' Provident Fund & Miscellaneous Provisions Act, 1952, was made applicable to HDFC Standard Life Insurance Company Ltd. effective November 16, 2007. The company thereafter made an application for exemption under Para 27A of the EPF & MP Act 1952 & Scheme framed thereunder for maintaining an exempted PF trust, which was not conceded by the appropriate authority.
Regards,
We are in receipt of your PF withdrawal/Transfer form no. 19 along with Pension form no. 10C.
In this regard, we would like to inform you that:
PF Trust and Exemption Status
HDFC Standard Life Insurance Company Ltd. (hereinafter referred to as "Company") earlier maintained a PF trust, which was recognized under the Income Tax Act, 1961. The Employees' Provident Fund & Miscellaneous Provisions Act, 1952, was made applicable to HDFC Standard Life Insurance Company Ltd. effective November 16, 2007. The company thereafter made an application for exemption under Para 27A of the EPF & MP Act 1952 & Scheme framed thereunder for maintaining an exempted PF trust, which was not conceded by the appropriate authority.
Regards,