₹1 lakh in your PF account and your basic wage plus dearness allowance is ₹20,000 per month, you will be eligible to withdraw only up to ₹60,000.The government introduced the facility in March to offer relief to people facing liquidity crisis amid the lockdown.If you are planning to go for it, here are some details about the tax implication on withdrawal, how it will impact your retirement savings and the withdrawal process.Tax implicationsNormally if you withdraw from EPF before the completion of five continuous years of service, the amount withdrawn is taxable in your hands.

However, EPFO has clarified that withdrawal or advance taken under covid, even before the completion of five years of continuous service, will not be taxable.“It has.

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No New Cases of COVID-19

There are no new cases of COVID-19 to report in New Zealand today.

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Support for Scottish independence rockets as voters back Nicola Sturgeon's pandemic response

Scottish independence is on the rise as voters back Nicola Sturgeon's response to the global pandemic ahead of Boris Johnson, a new poll has found. The percentage of Scots who say they would vote Yes at a future IndyRef2 now stands at 54 per cent - just one point lower than the total achieved by the No campaign in 2014.

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Doctor warns UK faces 2nd, 3rd and 4th coronavirus waves and must 'live with it'

A leading doctor has warned that the UK could have four waves of coronavirus in the months and potentially years ahead while there is not yet a vaccine.

Britain city Birmingham city Sandwell hospital virus covid-19 doctor Coronavirus

Opinion | Covid-19 triggered unconventional monetary policy – India’s concerns

Covid-19 QE Announcements by Developed CountriesSpillover of QE – India’s concernsWhile the central banks of developed economies aim to mitigate the dysfunctionalities in their targeted markets, the QE interventions will have spillover effects linked with higher volatility in capital flows, currency and financial markets in developing economies, including India. An impulse study of QE-triggered US and UK interest rate shock on Indian 10-year sovereign bonds suggests that the spillover effect is immediate and the associated implied volatility subsides in 10 days.

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Rural markets faring better than urban centres amid coronavirus pandemic: Maruti

COVID-19 has impacted the sentiment little less in rural areas. In fact cluster of Covid and containment zones are largely in urban areas.

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Yogi Adityanath says big events can be held while adhering to COVID-19 protocol

COVID," he said at the commencement of the "Van Mahotsav" here on Sunday.The Uttar Pradesh government has set a target of planting 25 crore saplings during the "Van Mahotsav".Adityanath said, "At the same time, we have to fight the global pandemic as well. During this plantation programme, adherence to social distancing can be clearly seen.

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Covid-19: Karnataka govt develops software to manage shortage of hospital beds

denied a patient admission leading to this death. In another incident, a 65-year old collapsed and died on the street after he was unable to get an ambulance to take him to the hospital.Karnataka has rapidly lost the critical ground it had gained during the three months of the covid-19 induced lockdown and is witnessing a surge in cases.The state recorded 1,839 cases, including 1,172 in Bengaluru, its growth capital, that has seen a sharp spike since 19 June.

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Delhi's covid-19 tally nears 1 lakh, recovery rate at 70%

NEW DELHI : Delhi’s covid tally is inching closer to the 1 lakh mark, even as the recovery rate in the national capital stands at 70%. Of 97,200 cases reported in the city so far, 25,940 are active, while 3,004 people have succumbed to the pandemic.Among the cities, Delhi has highest number of cases in the country"Less and less people in Delhi are now requiring hospitalisation, more and more people are getting cured at home.

Arvind Kejriwal Amit Shah city New Delhi city Delhi hospital covid-19 testing patient

Hilary Duff calls out Fourth of July partiers amid COVID-19 while spending holiday with her family

Hilary Duff enjoyed some quality time with her husband and kids over the holiday weekend in quarantine.But the former child star was not having it with people ignoring social distancing guidelines to celebrate Fourth of July.She took to Instagram on Saturday to call out some irresponsible partiers, while sharing some adorable photos with her family. PSA: Hilary Duff took to Instagram on Saturday to call out some irresponsible partiers, while sharing some adorable photos with her family from the Fourth of July weekendThe 32-year-old wrote: 'We took two walks today.

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Kejriwal says number of Covid patients in Delhi hospitals have decreased

Delhi CM Arvind Kejriwal took to Twitter to announce a positive new aspect in the ongoing Covid-19 crisis in the national capital. The chief minister claimed that nearly 10,000 hospital beds, built for coronavirus patients are now free.Kejriwal claimed that the number of people who require hospitalization has fallen and more people are getting cured at home.

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Covid-19: WHO discontinues hydroxychloroquine, lopinavir/ritonavir treatment arm

WHO said in a statement on Saturday.For each of the drugs, the interim results do not provide solid evidence of increased mortality. There were, however, some associated safety signals in the clinical laboratory findings of the add-on Discovery trial, a participant in the Solidarity trial.

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Coronavirus update: For first time, India records over new 24,000 cases in 24 hours

coronavirus currently in the country. The gap between recovered patients and active cases stands at 1,64,268.During the last 24 hours, 2.48 lakh samples were tested for Covid-19, pushing the cumulative number of tests to about 98 lakh."The efforts to expand the testing labs network in the country have led to their numbers increasing very day.

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Friends reunion for HBO Max to enforce strict COVID-19 precautions when it shoots next month

They're set to start shooting the long-awaited Friends reunion special next month.But there will be some stringent conditions given the post COVID-19 world in which we're now all living, according to The Mirror's sources on Saturday.'There are going to be very strict guidelines and that includes no live audiences,' one source told the outlet.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

EPF covid-19 withdrawal: Know the process, tax implication and impact on corpus

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