In a big step to make provident fund access easier, the Employeesβ Provident Fund Organisation (EPFO) has now allowed members to withdraw up to 100% of their eligible PF balance, covering both employee and employer contributions.
The decision was taken at the 238th meeting of the Central Board of Trustees (CBT) held in New Delhi.
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FULL PF ACCESS PERMITTED
Until now, full PF withdrawal was only allowed in cases of unemployment or retirement.
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