In a landmark reform aimed at enhancing liquidity and flexibility for salaried employees, the Employees’ Provident Fund Organisation (EPFO) has approved sweeping changes to its withdrawal rules. Over 7 crore subscribers will now be able to withdraw up to 100 per cent of their eligible provident fund balance, including both employee and employer contributions, under the new liberalised framework approved by the Central Board of Trustees (CBT) on October 13. The meeting was chaired by Union Labour Minister Mansukh Mandaviya, who also announced that these changes form a key part of the government’s broader EPFO 3.0 reform initiative. Advertisement

According to the Labour Ministry’s statement, “The liberalisation of partial withdrawals ensures members can meet immediate financial needs witho

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