I WORKED FOR SOME CO. FOR 8YEARS THERE I CONTRIBUTED EPF NOW I AM WORKING FOR SOME OTHER CO. THER IS NO EPF AS MY SALARY IS HIGH. SO WHAT SHALL I DO, I DONT WANT TO WITHDRAL MY EPF AMOUNT. HOW FAR I CAN KEEP THAT MONEY.
RE:EPF WITHDRAL
by gaurav pandey on Jun 25, 2007 01:25 PM Permalink
Hi: I'm lesser experienced than u but would try to answer.U can keep it as long as u want, but better u withdraw it from EPF & open a PPF account in SBI or post office.Interest is same & u can track ur money anytime.U'll be having a passbook also whihc will be updated as per ur wish.In a nutshell, there will be a transparency, but in case of EPF, u can't have a clear Idea.
RE:EPF WITHDRAL
by rama krishnan on Jun 25, 2007 01:26 PM Permalink
IN YOUR NEW COMPANY YOU HAVE STATED THAT YOU ARE DAWING MORE THAN SALARY LIMIT. ONCE YOU BECOM EPF MEMBER AND LEFT SERVICE AND NOT WITHDRAWN THE EPF YOU ARE CONTINUE TO BE MEMBER INSPITE OF YOUR SALAY IS HIGH. YOUR EMPLOYER IS VIOLATING THE EPF RULES.
