Hi,
From past 2 yrs i was working in a corporate company (this is my first job), it has provided me PF as my basic salary is less than 6500.
Right now, i was moving to another company where my basic salary is more than 6500.
As per new company's policy, there were not providing PF to the employees who are getting more than 6500 basic salary.
But, im interested to continue my PF account, so i asked that company to give the opportunity, then their said you can continue it but both employee and employers should be payed by myself..
Question 1.
I heard that, there is an option to move the PF accont to personal, such that i can contribute to it??? is it possible. please let me know
Question 2:
Although the company accepted to give the opportunity, then their said you can continue it but both employee and employers should be payed by myself..
Here the issue is I have to afford more than 4000 per month, as per my situation i cant afford such a large amount in to it.
Please give me a solution
From past 2 yrs i was working in a corporate company (this is my first job), it has provided me PF as my basic salary is less than 6500.
Right now, i was moving to another company where my basic salary is more than 6500.
As per new company's policy, there were not providing PF to the employees who are getting more than 6500 basic salary.
But, im interested to continue my PF account, so i asked that company to give the opportunity, then their said you can continue it but both employee and employers should be payed by myself..
Question 1.
I heard that, there is an option to move the PF accont to personal, such that i can contribute to it??? is it possible. please let me know
Question 2:
Although the company accepted to give the opportunity, then their said you can continue it but both employee and employers should be payed by myself..
Here the issue is I have to afford more than 4000 per month, as per my situation i cant afford such a large amount in to it.
Please give me a solution