Hi,
I recently changed Job from Company A to Company B, in the same city. My EPF account through company A has been active since about 4 years. I worked for Company B for about 3 months and have left that Job and now I have taken a sabbatical for about a year. I could not tranfer the EPF balance from company A to compay B since they took time to remit my last month\’s contribution till the Full & final settlemet happened and by the time F&F was done, i left the job with Company B as well. Right now I have two EPF accounts and since last 2 months there have not been any incremental contributions into these accounts from any employers since I have left both the jobs.
My question is (1) what shouldd I do with my EPF account opened through both these companies? (2) Should I withdraw the money from the EPF account from company B and continue the Company A account till I take up any other assigment or withdraw money from both the accounts? (3) Will interest be accrued in both the acccounts till I withdraw the money? (4) What will be the tax impact on continuing or withdrawing the money?