If you will have stop your job and you’ve got been unemployed for a month, then there is no such thing as a want to fret. Because you possibly can withdraw 75 p.c cash out of your PF account. Yes, the EPFO has given its data on the tweet itself.
According to EPFO's tweet, if you happen to stay unemployed for a month, then you possibly can 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 full 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the identical quantity, your PF account will proceed to run as earlier than and you don’t even need to re-deposit the withdrawn quantity to the account.
Good News! Now no cash will probably be deducted for canceling prepare confirmed ticket reserving