The minimum service period for all withdrawals has now been reduced to 12 months.
New Delhi: Before Diwali, the Employees’ Provident Fund Organisation (EPFO) announced significant relief for its over 70 million members. At the Central Board of Trustees meeting held on Monday, October 13, decisions were taken to simplify PF withdrawal rules and implement several new conditions. The decisions taken at this meeting, chaired by Labour Minister Mansukh Mandaviya, will now give employees greater control over their PF funds. Let us now explain how you can withdraw 100% of your PF funds in a single transaction.
Withdrawal of 100% from EPFO is now possible
The EPFO Board has simplified the provisions for partial withdrawals from the provident fund. Now, members will be able to withdraw up to 10