Clarification on PF Account Status
Here is my situation: I have been working with an organization for the last eight years. I was out of the country from March 2008 until May 2014. Consequently, the PF account I had became an inoperative account as I hadn't withdrawn the PF amount. Upon my return to India in June, my employer started depositing my PF into the same account instead of issuing a new one. Could you please clarify if the amount deducted from my salary by my employer will be deposited into this account? Or what will happen to the amount?
Thanks,
Varun
From India, Hyderabad
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Here is my situation: I have been working with an organization for the last eight years. I was out of the country from March 2008 until May 2014. Consequently, the PF account I had became an inoperative account as I hadn't withdrawn the PF amount. Upon my return to India in June, my employer started depositing my PF into the same account instead of issuing a new one. Could you please clarify if the amount deducted from my salary by my employer will be deposited into this account? Or what will happen to the amount?
Thanks,
Varun
From India, Hyderabad
Acknowledge(0)Amend(0)
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Joint Bank Account acceptable in PF.pdf