NEW DELHI : Need some extra cash during the 21-day coronavirus lockdown? To help the salaried class tide over the economic crisis during the shutdown, the Employees' Provident Fund Organisation (EPFO) has now made the highly-contagious pandemic another reason to allow subscribers withdraw funds.
The labour ministry issued a notification yesterday amending the EPF withdrawal rules in which all its 6 crore subscribers are allowed a non-refundable advance during the coronavirus pandemic.
The withdrawal amount cannot be more than your basic salary and dearness allowance (DA) for three months or upto 75% of your PF account balance, whichever is lower. "Please note that the COVID-19 has been declared a Pandemic by appropriate Government for the