News Inoperative provident fund a/cs to earn interests from April 1

[console]

I didn't got anything about this scheme.

See who which is workingn on govt . semi govt/psu ..etc ..or private sectors also .

Some amout of the salary is deducted every month from those who are working in such departs .. And that amount is deposited on ePF account which is identified from a uique "UAN" no. This can be withdrawn after retirement . But this was interest less till date
But now govt. will handover 8% interest additional on base amount calculated .

 

[console]

That can be done only if we don't have opened PF account in current company but what is I already have a PF account in current company and wish to merge it with previous companies. Is there any option or policy available

Yes there is a option you will have to give ur UAN no to ur newly joined company

 

[IndianMascot]

Yes there is a option you will have to give ur UAN no to ur newly joined company

If so then it's fantastic

 

[console]

We can hold as many PF as we can ?

I think NO

 

[console]

That can be done only if we don't have opened PF account in current company but what is I already have a PF account in current company and wish to merge it with previous companies. Is there any option or policy available

Its employer responsibility to open ur pf account if u are a fresher and they only provide UAN no with ack.

Then its up to you to to carry to the new company


Sent By Console