I have not withdrawn my PF amount from my previous company (PF deposited in trust) for the last 5 years. do I am getting interest on that?

Ans: Hello Niraj,

Certainly! If you haven't withdrawn your Provident Fund (PF) amount from your previous company where the PF was deposited in a trust, you should be aware of the following:

1. Interest Accrual: As per the information available, if no contribution is received into a PF account for 3 consecutive years, the account will not earn any interest after those 3 years. This means that if your PF account has been inactive (no contributions) for the last 5 years, it would have earned interest only for the first 3 years out of those 5 years.

2. Tax Implications: If an employee has rendered continuous service for a period of five years or more, the accumulated EPF balance is exempt from tax. However, if you decide to withdraw the amount before completing 5 years of continuous service, there might be tax implications.

3. Recommendation: It's always a good idea to periodically check your PF account to ensure that it's earning interest and to be aware of any changes in rules or regulations. If you're unsure about the status of your PF account, you might want to contact the trust where your PF is deposited or consult with a financial advisor.

I hope this helps!