Hi, I resigned from my job a year ago, and now I want to withdraw my PF. When I checked my PF balance online, it showed as follows: EE 45758, ER 20880. Could the experts help me calculate the amount I will receive as a final settlement? Also, please advise if any tax will be imposed on my PF amount.
Thanks in advance.
From India, Chennai
Acknowledge(0)
Amend(0)
Thanks in advance.
From India, Chennai
Acknowledge(0)Amend(0)
Double the EE amount and add the ER amount to it (EE*2+ER). It would be better if you could check your balance by registering on the EPFO website. Use the following [Member Portal](http://members.epfoservices.in/employee_reg_form.php) link to register for your E-Passbook.
Regards,
Narayan
[Email Removed For Privacy Reasons]
From India, Hyderabad
Acknowledge(1)Amend(0)
74Regards,
Narayan
[Email Removed For Privacy Reasons]
From India, Hyderabad
Acknowledge(1)Amend(0)
A quick research will tell you that your 12% goes into PF. The company's 12% is divided as follows: 3.67% goes towards PF, and the balance of 8.33% goes to the pension fund.
I am not sure how accurate the online numbers are since this has been recently made live. I have known people who have had inaccurate numbers. It would be best if you referred to your yearly slip that gets circulated from your office.
From India, Mumbai
Acknowledge(0)Amend(0)
I am not sure how accurate the online numbers are since this has been recently made live. I have known people who have had inaccurate numbers. It would be best if you referred to your yearly slip that gets circulated from your office.
From India, Mumbai
Acknowledge(0)Amend(0)
Hi, I'm Vikram. I had worked for 2.5 years. My Employee's EPF (EE) contribution was Rs 22,500, and my Employer's EPF (ER) contribution was Rs 10,300. When I applied for PF withdrawal, I was given an amount of Rs 17,000. What happened to the rest of the amount? Will they deduct a large sum as tax since I withdrew it before 5 years? Could someone please help me out with this issue?
Thank you.
From India, Chennai
Acknowledge(0)Amend(0)
Thank you.
From India, Chennai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf
Guide Lines for PF Withdrawal.doc