PF withdrawal is allowed in certain conditions like medical emergency, buying a flat or land, home construction etc. According to tax and investment experts, one can use the PF balance during medical emergency or critical illness that attracts high cost of treatment.
They said that a PF or EPF account holder can withdraw PF money for Covid too, provided there is hospitalisation post-infection.Speaking on the PF withdrawal rules for medical treatment SEBI registered tax and investment expert Jitendra Solanki said, "A PF/EPF account holder is allowed for withdrawal, in the case of medical emergency happening with him, spouse, children or parents.