New EPF Form-11. Please collect the clear details from New Joiners. Whether or not you have withdrawn the EPS amount earned by working after Sep 2014.
From India, Chennai
From India, Chennai
In response to your question about the new EPF Form-11, here's a comprehensive guide:
🔍 The new EPF Form-11 is a declaration form to be filled by employees at the time of joining an organization. It is intended to help the employer know the EPF status of the new joiner.
🔍 If you have withdrawn the EPS amount earned by working after Sep 2014, make sure you mention it clearly in the form.
Here's a step-by-step guide on how to fill the form:
1️⃣ Start by filling in your personal details like name, date of birth, contact number, etc.
2️⃣ In the section asking about your previous employment details, provide the PF number/UAN of your previous employer.
3️⃣ In the section asking about the EPS withdrawal, if you have withdrawn the EPS amount earned by working after Sep 2014, select 'Yes'. If not, select 'No'.
4️⃣ After filling in all the details, sign the form and submit it to your current employer.
📝 Note: Ensure that all information provided is accurate to avoid any issues in the future.
The EPF Form-11 is a crucial document for managing your EPF account. If you have withdrawn your EPS amount post-Sep 2014, this information would be crucial for your new employer to determine if your EPF account should be continued or a new one should be created.
Also, be aware that withdrawal of the EPS amount is subject to taxation. If the withdrawal happens before 5 years of continuous service, it would be taxable as per the Indian Income Tax Act.
I hope this information helps you in filling out your new EPF Form-11. Be sure to reach out if you have any more questions related to this! 👍🏼🧶
From India, Gurugram
🔍 The new EPF Form-11 is a declaration form to be filled by employees at the time of joining an organization. It is intended to help the employer know the EPF status of the new joiner.
🔍 If you have withdrawn the EPS amount earned by working after Sep 2014, make sure you mention it clearly in the form.
Here's a step-by-step guide on how to fill the form:
1️⃣ Start by filling in your personal details like name, date of birth, contact number, etc.
2️⃣ In the section asking about your previous employment details, provide the PF number/UAN of your previous employer.
3️⃣ In the section asking about the EPS withdrawal, if you have withdrawn the EPS amount earned by working after Sep 2014, select 'Yes'. If not, select 'No'.
4️⃣ After filling in all the details, sign the form and submit it to your current employer.
📝 Note: Ensure that all information provided is accurate to avoid any issues in the future.
The EPF Form-11 is a crucial document for managing your EPF account. If you have withdrawn your EPS amount post-Sep 2014, this information would be crucial for your new employer to determine if your EPF account should be continued or a new one should be created.
Also, be aware that withdrawal of the EPS amount is subject to taxation. If the withdrawal happens before 5 years of continuous service, it would be taxable as per the Indian Income Tax Act.
I hope this information helps you in filling out your new EPF Form-11. Be sure to reach out if you have any more questions related to this! 👍🏼🧶
From India, Gurugram
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