Dear All,
One employee's contract was closed in December, and he has also withdrawn the fund. However, when we received intimation about his contract extension, we mistakenly deposited the payment into the old account. Now that he is relieved and willing to withdraw the amount, the provident fund (PF) was rejected, stating that the account is already closed, and settlement is done.
What can be done to facilitate the employee's settlement now?
From India, Bengaluru
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14One employee's contract was closed in December, and he has also withdrawn the fund. However, when we received intimation about his contract extension, we mistakenly deposited the payment into the old account. Now that he is relieved and willing to withdraw the amount, the provident fund (PF) was rejected, stating that the account is already closed, and settlement is done.
What can be done to facilitate the employee's settlement now?
From India, Bengaluru
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new deposited ECR contains the fresh appointment date? if YES then the person has to be contributory for SIX months and then make him relived,
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My query is that what can be done if pf is paid to the member id that is already closed? How to get it back?
From India, Bengaluru
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From India, Bengaluru
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The contract was terminated in December. When was it extended? For how many months was he "unemployed"? If you have now reinstated him, he will be a new employee. I guess he will get a new UAN. You can make changes and refile the previous returns. There is a procedure for it.
From India, Mumbai
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From India, Mumbai
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EPFO circular regarding TDS on Payment of Provident Fund.pdf
Provident fund.zip