New Delhi [India], October 16 (ANI): Union Minister of Youth Affairs and Sports, and Labour and Employment, Mansukh Mandaviya, on Wednesday highlighted the substantial relaxation in the Employees' Provident Fund Organisation ( EPFO ) rules, making EPF withdrawal simpler for employees.

According to the new rules, employees who lose their jobs can now withdraw 75% of their EPF amount immediately. The remaining 25% can be withdrawn after one year, ensuring that the employee's 10-year service tenure remains intact.

Mandaviya said, "...EPF withdrawal has been made simpler now...If someone loses their job, then 75% of the amount can be withdrawn immediately, and after one year, the facility to withdraw the entire amount will be available. The idea behind retaining 25% amount for a year is th

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