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Home Personal Finance PF interest update: Company did not deposit PF money? This is how...

PF interest update: Company did not deposit PF money? This is how you can complain

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PPF Scheme: How to make Rs 1 crore by investing in PPF, Know here
PPF Scheme: How to make Rs 1 crore by investing in PPF, Know here

PF Balance: If the details of your Employees Provident Fund (EPF) account shows that no contribution has been made for a few months, then a red flag should immediately rise in your mind. It is possible that your employer has not made the required deposit. In this case a complaint can also be made about it.

EPF Balance Check: Many types of schemes are being run by the government for the benefit of the people. A PF scheme is also included in these schemes. Under this, the share of the company and the employee is deposited. At the same time, in recent times, many such information is also coming out that some companies deduct the PF amount of their employees but are not depositing them in the EPF account.

Can complain

If your Employees’ Provident Fund (EPF) account details reveal that no contribution has been made for a few months, a red flag should immediately rise in your mind. It is possible that your employer has not made the required deposit. In this case a complaint can also be made about it.

EPF

There are many reports of companies failing to deposit money in the EPF account of employees. If you find yourself in a situation where EPF contribution has not been credited to your EPF account, you can complain about it. If EPF contributions have been deducted from the salary of an employee but the employer does not deposit them in the employee’s EPF account, inform the Employees’ Provident Fund Authority (EPFO).

PF amount

The employee can lodge a complaint on the EPFIGMS portal or a written complaint can be lodged with the PF authorities. To register a complaint on the EPFO’s complaint website, the employee has to provide proof that EPF deposits have been deducted but not credited to the EPF account. An employee can provide salary slip and EPF details to show that the deduction was made through the employer but not credited to the EPF account.

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