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No Interest On Inoperative PF Accounts From April 2011 - Advt. - CiteHR

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SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

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Mohit Kumar Puri

Head Marketing

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Austex

Accounts Manager


pca
1442

Dear friends, No interest will be provided on inoperative PF Accounts (i.e. accounts having no transactions for 3 years) from April 2011 onwards. Pl see attached circular on this issue. Regards,
From India, Malappuram
Attached Files (Download Requires Membership)
File Type: pdf Inoperative PF Accounts Jan 2011.pdf (646.0 KB, 3013 views)

pon1965
604

adverse implications on workers category and unorganised sectors. Not a healthy decision which I opine. Regards R.Ponraj
From India, Lucknow
greatmanish
thanks for sharing
[
QUOTE=pca;1415718]Dear friends,
No interest will be provided on inoperative PF Accounts (i.e. accounts having no transactions for 3 years) from April 2011 onwards. Pl see attached circular on this issue.
Regards,[/QUOTE]

From India, New Delhi
pmuku
5

Dear PCA,
Good post;
This is a good move.
Tries to inculcate a saving habit.
Three years can be termed as 1000+ days or 36 Months.
Considering the interest rate, is it not worth to do, at least, one transaction in 3 years?
Those who oppose this move are doing only lip service.
Compare with Bank's Savings Account - if there's no transactions, even for one year, the account is being frozen. Read their valid justification(s).
Take a call based on holistic view and long term implications.

From India, Madras
mr.king
2

DEAR PROFESSIONAL, YOU HAVE ATTACHED VALUABLE INFORMATION ABOUT EPFO. THIS IS VERY USEFUL TO EVERY HR FOR FILLING IN THEIR OFFICE RECORDS. THANKS FOR SHARING AND KEEP SHARING. WITH REGARDS, Mr.King
From India, Warangal
21021988
Dear Friend Thank you for sharing this info, but sorry i request you to upload it again as i have some issue on the format and it shows error Regards Bhairavi
From India, Madras
akanoray
28

Dear Mr Agarawal, Thanks once again for sharing update on PF and creating awareness among HR Professionals. Keep on posting. Avinash Kanoray, Nashik 9890752690
From India, Pune
surendra.raj
Hello friends my fathers pf account inoperative last four year... Can i withdraw the amount of pf know. May i know the process of jaipur office. Please help............ Surendra
From India, Jaipur
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