Hi,
I worked with my previous employer for 3.5 yrs n left the job 2 yrs back, n have not been working ever since. I have a fair amount of PF which i haven't withdrawn till date coz of the interest i might be earning. Can someone plz clarify whether an interest would still be adding every month on the balance amount, even if I left the job n there is no more savings adding every month to the PF a/c. Also, as I read in one of the responses the interest stops getting added after 3 yrs. Is that true? Is it a good idea to wait for another year (to complete the 3yrs having left contributing to the pf a/c) to withdraw the money? Will my previous employer still process my form 10c if i delay the withdrwal? And what if the previous employer company ceases to exist due to unforeseen circumstances? I m really confused coz I wanted to continue the same a/c later when i join a new job after a year or so. Plz suggest.
Also, since I was a regular tax payer, should I continue to submit my tax return showing Rs. 0 as earning, every year for my pan card a/c until I resume work again. How can I change my last name n address on the pan a/c due to marriage? Plz clarify.