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What to do if you are not being paid your provident fund after resignation?
Wiki User
∙ 16y ago
Possibly, you have not turned in the correct forms. Ask Provident or your HR to send you the forms. To obtain your 401K money, you need to set up an IRA at a bank, or elsewhere, and fill out the Provident papers with the account number and what the check should be mailed to (the bank will provide this info if you bring the forms). Avoid getting the payout directly to yourself since this will subject you to 20% taxes and penalties for early withdrawal--instead keep the IRA going and do not spend the money.
Wiki User
∙ 16y ago
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Can a pvt limited company hold the provident fund of an employee after resignation?
No. After an employee resigns, the money has to be either paid out to the employee or transferred to his new employer - as per the request of the employee
Is Government Provident Fund money falls into Riba category?
Yes, the interest paid by provident fund will fall into riba category
What is the difference between provident fund and pension fund?
The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
What is the provident fund amount that employers should contribute?
12% of the basic salary paid out to the employee
How many percentage of provident fund should be deducted according to the rules of India?
12% of the basic salary paid
What is bulk posting in bank transactions?
any transaction which are done in bulk, for example. Employee provident Fund paid so it will have transacton as "Bulk posting"
What is it called when you vouluntarily give up your paid or unpaid job?
Resignation
What is provident fund in salary?
The Government wants to tell us the importance of routine saving over a long time. This lumpsum given during retirement can be used by the employee to continue his life without being financially dependent on anyone and stand on his own legs...
Who paid Richard Nixon's slush fund in 1950?
In 1950, 76 different Southern California business men contributed to Richard Nixon's slush fund. Each man paid $900 a month towards the fund.
How does the appearance fund on Judge Judy work?
The judgement is paid out of the fund and remaining is devided between the two litigants
Is consolidated fund of India paid the salary and allowance to the governor?
No
What is bank lending?
bank lending is a process wereby money or fund is being given too some one or an orgnisation to be paid back in an agreed time
