What is Exempted PF Trust?

Some large organizations, who have more employees maintain their own pf trust. Such organizations are exempted from registering in Regular EPFO Office. They maintain their own pf trust, and all rules that applies to companies registered in regular EPFO applies to PF Exempted Trusts also.

Establishments like Infosys, Wipro, TCS maintain their own PF Trust.

You can view and download, list of PF Exempted Establishments below,

PF Exempted Establishments ->Download

What are the contributions in PF Exempted Trusts?

Both the Employer and Employee contributes, 12% of Wages to the Provident Fund. But, 8.67% of the 12% Employer contribution is paid to Employees Pension Scheme (ESI) managed by EPFO.

What are the Inspection Charges in PF Exempted Trusts?

0.18% is the Inspection Charges in PF Exempted Trusts which is an advantage.

In regular EPFO inspection charges is 1.1%.

What are the Tax Benefits in PF Exempted Trusts?

Tax deduction is available to the Employee of up to 1.5 lakhs.

Employer contribution is completely exempt from tax. Even interest earned from PF are exempt from Tax.

But, if employee withdraws it before 5 years, then it is taxable. Both Employer Contribution & Interest earned will be taxable.

What are the Withdrawal rules in PF Exempted Trusts?

Withdrawal can be done after 1 month from leaving the Job. You can withdraw upto 75%. After 2 months of leaving the job, you can withdraw full amount.

How to Withdraw Money from PF Exempted Trusts?

You have to approach your company HR to withdraw your PF money. There is no online process in this case. You need to give a Requisition letter to HR after leaving the job.

Documents that need to be submitted are your UAN Number and your latest Salary Slip.

How to Transfer PF Account from PF Exempted Trusts?

You can transfer your PF account from Exempted PF Trust to Another Exempted PF Trust.

You can also Transfer from PF Exempted Trust to regular non Exempted, Companies registered in EPFO.