Interest On Inoperative Pf Account - Pdf Download

soumi.sarkar
I am in a serious doubt regarding interest rules of Inoperative PF Accounts.
One of my previous organizations has an exempted PF Trust. I left the organization on 30-Sep-2008.
I have NOT wihtdrawn or transfer the PF.
My question is very simple. TILL WHICH DATE SHOULD I GET INTEREST IN THIS ACCOUNT?
To my knowledge it should be till 30-Sep-2011 but my employer has stopped giving interest from April, 2011 onwards.
M_Sharma123
Hello,
I have a smilar query. I have worked for 4.5 years in a company and this is my first company, I have resigned now. I am taking a break in my career for approx 1-2 years.
Can I leave my PF amount in the PF account, during the period when I am not working. Is that okay to not withdraw PF amount even when I am not employed ?
If assuming it is okay to leave the PF account, will my PF account be still earning any interest on deposited amount ?
Please help me.
swapnil.jathar
Hi
w.e.f. 1st April, 2011 no interest shall be paid on inoperative accounts.
An inoperative account is one in which there is no contribution paid for three preceding years. The members should either transfer the account to new establishment or opt for withdrawal.
Regards,
Swapnil
AMIT TRADA
Dear All.
Plz. find herewith attached EPFO circular related to inoperative accounts will help you
Regards
Amit Trada
9712343947
Surat_Gujarat
1 Attachment(s) [Login To View]

sangwan001
:) though post is old, the FINANCIAL YEAR is til APRIL 2011 (ie march-april cycle) so interest will be only till 31st April 2011 (notification date re 3 years limit for interest).........
rgds
ds
attribution https://www.citehr.com/386181-intere...#ixzz34JSa6mLl
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute