A) Provident fund 1. The procedures / instructions / Forms are uploaded in Webpay >General Info >Formats. 2.

The Provident fund amount cannot be withdrawn if the contributions are for less than six months as per the PF act. Please apply for transfer to the new PF account after resignation. 3. If the contributions to Provident fund is more than nine and half years including the PF transfers from previous employers, the Provident Fund amount can be withdrawn but the Pension fund amount cannot be withdrawn. The Pension Scheme Certificate is to be applied by filling the Form no.10C. The PF authority issues the Scheme Certificate which needs to be submitted back to the PF office after retirement. 4. With regard to the Transfers and Withdrawals, the associates are to follow up with the PF office to know the status. The associates can access the website and the url is http://www.epfindia.com/ClaimStatus_New.html to know your claim status PF Withdrawal or Transfer. 5. Your provident fund account number is AP/23034/.. (the number reflected on your Pay slip). The Provident and Pension fund account is the same. 6. Contributions: (i) From Employees Basic Salary component of 12% is contributed towards Provident Fund. (ii) Company contributes 12% of Basic as follows: (a) 8.33% of Basic subject to a maximum of Rs.541/- per month towards Pension Fund (b) 3.67% of Basic, Plus if any balance in excess of Rs.541/- above towards Provident Fund International workers: For Associates who were in Belgium, Germany Switzerland, France & Netherlands and applied for COC, the Pension calculation is 8.33% on Indian Basic Salary instead the previous ceiling as Rs.6,500/- per month. There will be no restriction of Rs.541/- per month for the associates who had applied for COC. If the associates are transferred to any other country or to offshore, the associates need to continue the pension contribution @ 8.33% on Basic Salary instead the previous ceiling as Rs.6,500/- without the restriction. 7. Voluntary Provident Fund (VPF): Associate can contribute to maximum of 88% and minimum of 10% of basic salary which would form part of tax savings u/s 80C max limit of Rs 1,00,000.Associate should opt minimum 10% and then multiples of 5% but maximum restricted to 88%. The VPF is in addition to the existing contributions of 12%.

8. Option for percentage contribution can be exercised in April/September of this financial year (2012-2013) with a validity of 6 months. The associates can either modify or continue with the existing percentage of VPF. 9. For new Joiners, VPF option will be enabled for 30 days from the date of joining. 10. VPF amount will be calculated on eligible basic salary of a particular month ie., the arrears, part salary & LOP refunds are not considered. 11. The amount deducted through monthly salary process will be shown under VPF contribution deductions in the Associates Pay Slip. 12. The VPF contributions cannot be withdrawn at any time except at the time of resignation. The amount can be withdrawn after leaving the organisation and can be either withdrawn or transferred to the new employer. 13. The PF account is maintained by the Regional Provident Fund Organisation, Barkatpura, Hyderabad and the PF contributions are remitted for credit to the respective PF accounts. 14. The rate of interest is declared by the Regional Provident Fund Organisation every year which is published in the media and the same is reflected in PF slip issued. The interest on VPF would be same as that payable on the PF amount. 15. If the PF amount is withdrawn after leaving the organisation and the contributions are less than five years, the amount including the VPF is taxable which is to be shown in the computation of Income tax and the tax payable as per the slabs. The PF office does not deduct tax at source.

B) NSSN (National Social Security Number) The Provident fund authority had discontinued the NSSN activity. The NSSN is not mandatory for PF transfers and withdrawals.