To make the joy of Diwali even more sweeter, the Employees' Provident Fund Organization (EPFO) has revised its withdrawal rules for EPF and EPS account, making it simpler and efficient for accountholders to withdraw hefty sums. However, recently, a social media post has circulated misleading claims regarding the withdrawal rules and provisions, which has confused citizens. Accordingly, EPFO has clarified exactly when citizens can withdraw 75% and 100% of their EPF accounts.
EPFO Withdrawal New Rules:
The CBT has merged the existing 13 types of partial withdrawal provisions into one unified and simplified framework. Earlier, a subscriber was allowed to withdraw only the employee contribution and interest ranging from 50% to 100%.
But under the new rule, the withdrawable amount will also include employer contribution besides employee contribution and interest.
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google