advance

Instructions to Members for filing claims u/p 68 L A. Eligibility to file online claim for the purpose “Outbreak of pandemic (COVID-19)” 1. UAN should be activated 2. Verified Aadhaar should be linked with UAN 3. Bank Account with IFSC code should be seeded with UAN B. Eligible Amount Upto 75% of PF balance (Employee […]

To help tide over hardship caused by the coronavirus lockdown, Employees’ Provident Fund (EPF) rules will be relaxed, finance minister Nirmala Sitharaman announced today. EPF subscribers can now withdraw 75% of their PF balance or 3 month wages as a non-refundable advance, whichever is lower. This will benefit about benefit 4.8 crore employees. Experts have