The Employees' Provident Fund Organisation (EPFO) has now allowed its members to withdraw up to 100 per cent of their eligible PF balance under specific conditions. This was announced on Monday, October 13. The decision was taken at the 238th meeting of the Central Board of Trustees (CBT) held in New Delhi.

The board approved a proposal to merge 13 complex and overlapping provisions into a single, streamlined framework divided into three categories - Essential Needs, Housing Needs and Special Circumstances. According to the Ministry of Labour & Employment, the changes are designed to improve the Ease of Living for EPF members and ensure quicker access to funds during important life events.

What were the rules earlier?

Earlier, the members could withdraw the full PF amount in case of une

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