Category - Labour Laws

No interest on PF on inoperative accounts

PF Accounts which are non operative for 36 months shall  not earn any interest, as per the Employees Provident Funds Amendment Scheme which comes into effect from 1st April, 2011. This means all the old PF accounts of employees with old employers, which have become in-operative and have not been transferred or withdrawn will stop… Read More

Tag: Provident Fund

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