Document drama galore: Top reasons PF claims get rejected-and how to fix it

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Document drama galore: Top reasons PF claims get rejected-and how to fix it - Business Standard

Quick Summary:

Despite a clear process on paper, PF claimants often face delays, confusion, and technical snags that can stretch out the timeline for receiving their hard-earned savings.

Additionally, compliance requirements differ based on the circumstances, category, and eligibility of the employee making the claim for the withdrawal of contributions," said Vaibhav Bhardwaj, Partner at Khaitan & Co.

For claimants above sixty years of age, the procedural route varies with respect to pension entitlement; Form 10C ceases to apply and Form 10D becomes applicable where monthly pension benefits under the Employees’ Pension Scheme, 1995 are sought.