 "How to Withdraw Provident Fund (PF)")
PF Withdrawal
How to Withdraw Provident Fund (PF)
Employee Provident Fund (EPF) members can withdraw the entire sum amount accumulated in their PF account after they retire. However, the EPF rules allow subscribers to make premature withdrawals to meet various immediate expenses.
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...
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Latest Updates on PF Withdrawal
Cheats posing as EPFO agents are a threat: Red flags and how to stay safe
Pension fund doesn't employ agents and its services are available for free use on its website
 "Cheats posing as EPFO agents are a threat: Red flags and how to stay safe")
EPFO auto claim: Get up to Rs 5 lakh from your pension account in 3 days
EPF members can now access funds faster for medical treatment, housing, education or marriage
Thinking of withdrawing your PF? A surprise 30% tax may hit you
Taking out money defeats the purpose of long-term retirement savings, say experts
 "Thinking of withdrawing your PF? A surprise 30% tax may hit you")
Got overlapping job dates?EPFO says your PF claim will not get rejected now
Pension manager says overlapping job dates won't derail transfer; claims will no longer be rejected
 "Got overlapping job dates?EPFO says your PF claim will not get rejected now")
Thinking of a partial EPF withdrawal? Here's a step-by-step guide
Learn how to apply for a partial EPF withdrawal with this easy, step-by-step guide. Understand the process, requirements, and what to do before you file your claim!
EPFO discontinues Covid-19 advance facility: Check details of other options
A non-refundable advance was provided to the EPF members during the outbreak of the first wave of Covid-19 and another advance in the second wave
 "EPFO discontinues Covid-19 advance facility: Check details of other options")
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 conditions and is vetted by the finance ministry. Here's how to calculate it
 "EPF interest rate cut to 8.1%: Guide to calculating PF and interest earned")
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
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
 "Budget 2021: PF interest, Ulip gains now taxable beyond a certain limit")
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
 "Govt tightened PF withdrawal norms unilaterally, says trade unions")
