If you may have stop your job and you’ve got been unemployed for a month, then there isn’t a want to fret. Because you may withdraw 75 p.c cash out of your PF account. Yes, the EPFO has given its info on the tweet itself.
According to EPFO's tweet, when you stay unemployed for a month, then you may withdraw 75 p.c of your PF account. According to the EPFO, within the occasion of unemployment, no paperwork are additionally wanted for the PF declare.
– EPFO (@socialepfo) February 18, 2020
Let us let you know that EPFO had issued a notification on this regard solely in 2018. According to this notification, any account holder can withdraw 75 p.c of the overall quantity deposited within the PF account if he’s unemployed for greater than a month. <! –
Even after withdrawing the identical quantity, your PF account will proceed to run as earlier than and you don’t even must re-deposit the withdrawn quantity to the account.
Good News! Now no cash will probably be deducted for canceling practice confirmed ticket reserving