POSTED BY February 18, 2014 2:08 pm COMMENTS (12)ON
I understand there was a PF department ruling/circular in year 2009 or sometime, mentioning that Inactive accounts will not earn any interest.
However in Dec 2012, Mint published this article citing Mr. Rajesh Bansal, Addl. PF Commissioner, in this PF commissioner mentioned that Inactive accounts will also earn interest if inactive account integrated/merged in active account.
However I didn’t see any further information about this, and nobody seems to be aware of this. Can you please let me know if you have further information on this?