We have all grappled with the question of dipping into our provident fund contributions for various expenses. However, there are preconditions to be met and procedures to be followed in order to make a withdrawal. The processes and caveats to make withdrawals from your EPF account are detailed below. What is EPF? The question of providing for the future of industrial workers after their retirement or for their dependents, in the event of their premature death, engaged the attention of the Central Government for a long time. This resulted in schemes for instituting provident funds for industrial workers now commonly…
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