According to the new rules, employees who lose their jobs can now withdraw 75% of their EPF amount immediately. The remaining 25% can be withdrawn after one year, ensuring that the employee's 10-year service tenure remains intact.
New Delhi [India], Mar 29 (ANI): In the wake of coronavirus outbreak, the Central government has notified amendment to the Employees Provident Funds (EPF) Scheme to allow withdrawal of non-refundable advance by the members.
Mayurbhanj (Odisha) [India], Oct 5 (ANI): An employee working with Odisha's electrical department has threatened to commit suicide after he was unable to withdraw his Employee Provident Fund (EPF), which he claimed was due to an error on his Aadhaar Card.