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Transfer PF

Mohammed Yousuff
Ranch Hand

Joined: Oct 17, 2007
Posts: 198
How can i transfer PF from my past company to my current company .. may i know how can i do that


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Ulf Dittmer
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Joined: Mar 22, 2005
Posts: 41809
    
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What is a "PF"?


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Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Ulf Dittmer:
What is a "PF"?




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David O'Meara
Rancher

Joined: Mar 06, 2001
Posts: 13459

Did you want to explain that, Prad Dip?
David O'Meara
Rancher

Joined: Mar 06, 2001
Posts: 13459

My understanding is that it is the Indian version of a pension fund or 401k. There was a previous discussion here:
http://www.coderanch.com/t/33215/Jobs/careers/PF-Withdraw
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

You can find more details here
http://www.epfindia.com/epf.htm

Basically it compulsory contribution to a fund both from employee and employer [both amounts are equal]. Withdrawals before 5 years from commencement date are taxed.
 
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