POSTED BY October 10, 2012 10:07 am COMMENTS (4)ON
I have recently left the job from my four & half year old employer & joined another company. I was able to get the transfer of my SAF from my past company (where I worked for 2 years) to my previous comapny. Now the total SAF is approx 6 lacs. I want to get this amount transferred to my new company but they are denying it & advising me to apply for the withdrawl. I have two questions :
1. Is there any new mendate which disallows the transfer of Superannuation fund to new organisation?
2. In case I go for withdrawl, will I get full amount or they will pay me in form of pension. What about income tax applicability on SAF.