SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press Whenever you withdraw PF, you also get the employer’s contribution

    Whenever you withdraw PF, you also get the employer’s contribution

    Source: Mint Mar 1, 2017

     

    If I resign before 5 years of service and withdraw the provident fund (PF), will I also get what the employer had contributed? If I don’t withdraw the PF amount, and make no more contributions to it, will I get the amount contributed by the employer upon my retirement?  

    —Ankush Porwal

    PF withdrawal is taxable if service is not rendered continuously for at least 5 years.

    If the recognised PF is transferred to another employer, the new employer’s period of employment is also included to calculate the continuous period.

    Click here to know more >>

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.