HOW TO WITHDRAW PROVIDENT FUND (PF)
PF Withdrawal
A member can make advance PF withdrawals money for buying a house, during children's marriage or education, after he/she leaves the job or any other type of emergencies such as illness, natural calamities among others. The union govt has also allowed advance PF withdrawals to deal with the economic crisis in wake of the coronavirus pandemic. Under this, members can withdraw up to 75 per cent of the employee's contribution to the corpus or the sum of basic wages and dearness allowance for a period of three months (Whichever is less). Read More..
PROVIDENT FUND WITHDRAWAL UPDATES
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EPF interest rate cut to 8.1%: Guide to calculating PF and interest earned
The EPFO decides the rate of interest for the EPF scheme on a yearly basis. The rate of interest is dependent on the market ...| March 15, 2022, Tuesday -
Soon, you won't have to transfer EPF account on job change; here's how
This will ensure that employees no longer have to transfer the money in their provident funds when they change jobs| November 24, 2021, Wednesday -
Budget 2021: PF interest, Ulip gains now taxable beyond a certain limit
Reduction of time span for reopening assessments will reduce fear of the taxman| February 01, 2021, Monday -
Govt tightened PF withdrawal norms unilaterally, says trade unions
New norms restricted withdrawal of employers' contribution of 3.67% of basic wages to PF account till the age of 58 years| April 20, 2016, Wednesday
