Dear All, I have one question.... If an employee is absconded from 1 company, and if he has joined another company....can he transfer his PF amount of the 1st company to the new one..????
From India, Pune
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Dear Rakesh, Yes he has to submit Form 13 and his account will automatically will transfer to the new company. Regards Upasana
From India, Delhi
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RA
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Dear Rakesh. To my knowledge the employer has no rights on the PF. One cannot stop or hold it.
From India, New Delhi
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RA
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