I have been working in a company since January 2018. The company has been deducting PF from my salary. For some personal reasons, I do not wish for the deduction of PF from my salary. I would appreciate it if somebody could please guide me through the process of surrendering PF and withdrawing the money deposited so far.
From India, Delhi
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There is no way you can stop PF deductions now. By the way, in my opinion, everyone should contribute to EPFO; its the only retirement scheme run by the government besides NPS.
From India, Delhi
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You can ask you company to stop deducting PF from your salary only if your basic is more than Rs. 15000/- per month.
From India
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Dear Sumitro, option of opting out of PF is not possible, unless the subscriber was not a part of PF ever before. One he is a part of EPFO, he cant opt out. Regards Rahul Chhabra
From India, Delhi
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