POSTED BY January 12, 2013 1:25 am COMMENTS (5)ON
I have worked in one IT company for 3.8 years, then switched Job.
After Joinning my 2 nd organization I have submitted PF transfer request however even after 2 years I cannot see anything happening in this front.Now I am about to move to another company after spending 2 years in 2nd company.
I want to know
1)Can I tranfser my 1st and 2nd employer’s (both the PF) PF to my new (3rd)organization.will there be any problem because of my existing transfer request between 1st to 2nd organization(as per epf site it shows my transfer request has been rejected and details have been sent to my 1st employer)
2)Is there any way to know online why my PF transfer got rejected
3)My first pf account with organization 1 is now 3.8+2=5.8 years old even if it was active for 3.8 years only and not yet transferred.Can I withdraw that amound without tax or is it taxable.
4)If suppose after 1 year I want to withdraw PF I understand Company 1’s PF will be exmpted but for 2 and 3 PF I will be liable to pay tax even if they are now transferred to same A/C.Is my understanding correct here?
I would really appreciate any help from anyone in this topic.