90,000+ Legal Questions Answered
Epf interest money rules after resignation from a private company
1 year ago
Sir... I worked in a pvt company for 5 years(2009-2014). Then I resigned from 2014 and joined another company in 2018....
But i transfered epf money from old company to new company in 2021.
Epf given me interest for 6 years (2015, 2016,2017,2018,2019,2020).
But epf transfered only three years interest money that is 2015,2016,2017.
Then epf deducted my interest money for year (2018,2019,2020,)in which interest money update was reflected in my pf passbook.
I complain to epf but they answered me that interest money updated mistakly from 2018 to 2020.
As per rule only three years interest money will be paid/transfer after last contribution.
Can i got interest money from 2018 to 2020 which was showing in pf passbook.
A.Dear Client,
As per the rule you can get the interest till 3 year after the last payment and after three year it will be stopped. So you can claim for 3 year interest money from the bank after showing the relevant documents.
Hope, it is helpful
As per the rule you can get the interest till 3 year after the last payment and after three year it will be stopped. So you can claim for 3 year interest money from the bank after showing the relevant documents.
Hope, it is helpful
Helpful
Helpful
Share
Read Related Answers
layoff as BU is closing
Dear Client,
Apart from compliance with the statutory formalities required under the Companies Act, 2013 for the closer of the business of a company or part of it, the Company has to comply with the s...
Termination
Dear Client,
Termination without notice amounts to illegal termination and is defined as an industrial dispute under Section 2A of the Industrial Dispute Act, 1947 which also violated the mandatory p...
FnF amount not received
Dear Sir
Please approach the following authority or similar authority in a state
The Office Commissioner of Labour
Karmika Bhavan, Dairy Circle,
Bannerghatta Road, Bangalore-29.
080-29753078
labou...
No Leave Encashment - Worked for 18 plus years in the organization
Dear Client,
Leave Encashment Rules for private companies vary according to their policies and local regulations. Each company has a unique leave encashment policy. Some may have a cap on the number o...
Salary FnF not done
Dear Client,
Your query requires more details and transparency in explaining the cause of action that attracts legal remedies. However, it may be noted that if you tender your resignation following th...
Read Blogs on Employment and Labour
Employment and Labour Lawyers
Find Lawyers by Location