Trending News: Ration Card Rules: No Need To Card for Ration, Government changed the rulesAyushman Bharat: Senior citizens aged 70+ cannot apply without this document, check detailsNew UPI transaction limits announced! Check new per transaction limits for UPI Lite Wallet & UPI 123PayNew rules of Toll Tax will be implemented from today, Toll Tax has become expensive on this routeNew Telecom Rules: Telecom rules will change from October 1, customers will not face any problemElectricity smart meter: Big update regarding smart meter on new electricity connection, check details immediatelyESIC Recruitment 2024: Great opportunity for govt Job, get monthly salary of 67000New Rules From 1st Oct 2024: These 5 rules have changed from October 1 – see the full list hereSahara Refund: Good news! Central govt increased the limit of refund amount for Sahara depositorsPassport New Rule: You can apply for passport through mobile van in 13 districts of this stateFlight cancelled: Big news! 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Mon. Dec 23rd, 2024
Trending News: Ration Card Rules: No Need To Card for Ration, Government changed the rulesAyushman Bharat: Senior citizens aged 70+ cannot apply without this document, check detailsNew UPI transaction limits announced! Check new per transaction limits for UPI Lite Wallet & UPI 123PayNew rules of Toll Tax will be implemented from today, Toll Tax has become expensive on this routeNew Telecom Rules: Telecom rules will change from October 1, customers will not face any problemElectricity smart meter: Big update regarding smart meter on new electricity connection, check details immediatelyESIC Recruitment 2024: Great opportunity for govt Job, get monthly salary of 67000New Rules From 1st Oct 2024: These 5 rules have changed from October 1 – see the full list hereSahara Refund: Good news! Central govt increased the limit of refund amount for Sahara depositorsPassport New Rule: You can apply for passport through mobile van in 13 districts of this stateFlight cancelled: Big news! Airlines Suspend Flights As Middle East Tensions RisePF Contribution: Govt plans to raise EPFO wage ceiling 15000 to 21000 – You will get the full benefit of Rs 28 lakhNew UPI Feature: Deposit Cash In ATM Using UPI Without Debit Card, Know Step By Step GuideIndian Railway New Rule: No need to queue for general tickets at stations, Know Details HereGold Price Today: Big fall in Gold and Silver price today, check today’s latest priceUPS vs NPS Pension Calculation: Know in which you will get more moneyUPS scheme: How many government employees will get the benefit of UPS? Details are hereCBDT: Govt is Keeping an Eye on Cash Transactions of More than This Amount, CBDT gave Special Instructions to the Tax DepartmentDriving Licence New Rule: No need for driving tests at RTO, Government brought this new ruleDA Hike: Central Govt May Announce An Increase Of 3 Percent Inc DA Next MonthDDA Flats: DDA flats in Delhi for just Rs 11.50 lakh, know how you can applyIMPS Charges: SBI, HDFC Bank, ICICI Bank, Canera Bank IMPS charges from August 2024TDS/TCS rules for deceased made easier, CBDT issues new instructionsOld pension scheme: Govt said this regarding extending the deadline of the old pension schemeLandlords and tenants benefit: Government plans simplified, affordable rent agreement processMajor Changes Effective August 1: Six New Rules Implemented Nationwide TodayEPFO Early Pension Rule: Can you get pension even before retirement? What does the rule saySarkari Jobs: More than 15000 jobs for 10th pass graduates – check all detailsFD Rate Revised: These three banks have revised the interest on FD, check the interest rateAadhaar Card Rules: Aadhaar Card Enrollment ID can no longer be used for these purposesITR Update: Your ITR may be rejected due to these 5 reasons – Do you know about theseSatellite Toll System: Center introduced details of new GNSS-based toll system, know its features and benefitsNPS Changed rules: Salaried will get more tax saving benefits, know everythingIncome Tax: Government has stopped the shortcut of saving tax on flat rentIncome Tax Slab: Standard deduction increased from Rs 50,000 to Rs 75,000- check detailsInfosys Hiring: Good news for graduates, Infosys will give jobs to 20000 freshersDouble Toll Tax: NHAI changed the rules regarding Fastag, if you make this mistake then you will have to pay double tollBudget Expectations: GST should be reduced on insurance products, government should increase the limit of 80C – IndustryAirtel users special facility, Enjoy data and unlimited calling without rechargingGratuity Rule: In these situations the company has the right to stop gratuityEmployed people Update: Basic tax exemption limit will be ₹5 lakh in the budget! Employed people in focusNamo Bharat Train: Namo brings a big update on India, operation on this route will begin very soonGold Limit at Home: The government has set rules for keeping gold at home, check rules immediatelyBudget 2024 Expectations: Limit of tax exemption and standard deduction in NPS may increasePlatform Ticket rules: You can travel by train even with platform ticket, no TTE will catch you. know everythingPrivate job holders! No tax on salary up to 10 lakh, money can be saved without investingEPF New Rules: EPFO issued SOP for freezing and de-freezing UAN, know the detailsUP Cabinet: Re-appointment of 2200 teachers in UP, honorarium of security guards and teachers also increased. check herePost Office’s superhit scheme! You will get 80000 rupees interest, check detailsNew Rules From 1st July: These new rules have come into force from July 1, check details immediatelyAyushman card holders will not get treatment in private hospitals in Haryana from todayEPS Withdrawal Rules Updated: Check New Guidelines NowWeather Update: Heavy rain forecast in this state for the next five days from June 28, check details hereTelecom Act: Telecom Bill is being implemented from today, there is a provision of three years jailJob fair will be organized on 27 June, registration on this portal is mandatoryIndian Railways: Senior citizens can get discount on rail tickets, here is the plan of the railwayNew Telecom Act: Big News! New Telecom Act to be implemented form 26th June 2024HDFC Bank Customers Alert: Banks will not send SMS alerts for small UPI transactions from todayTenancy stamp duty: CM Yogi Adityanath ordered to reduce stamp duty and agreement deedCNG Price Hike: CNG became expensive in these cities, know how much the price increased in your cityUnion Budget 2024: Modi Govt is considering income tax cuts to boost consumptionMCD Property Tax: 10% discount on paying property tax by 30 June. know everythingHow to use Gmail offline: Step-by-step guideBank license cancelled: RBI has cancelled the license of this bank, you can claim only this much amountMobile User Update: Telecom Department has given instructions to block 392 mobiles. Check hereITR Filing: You can file income tax return till July 31, 2024 without penalty, these documents are requiredHRA Exemption: To get HRA Exemption, those who pay rent to their parents should keep these things in mindIMD Forecast: Heat wave will continue for next 5 days, severe heat alert in these 9 statesRetirement Fund: How to prepare retirement fund, stay assured for the future?Petrol-Diesel Price Today: New prices of petrol and diesel have been released, check the latest price before filling the tankEPFO subscribers alert! EPFO has decided to stop Covid-19 advance withdrawal. Details HereBank Holiday: Banks will remain closed in these states for four consecutive days, see listJob Alert! Opportunity to get a job in ESIC without written exam, monthly salary will be Rs 100000. Details HereIndian Railways 2 dozen trains route changed due to upgrade work. see list hereDA Hike: From July 1, 55% central employees will get dearness allowance? Details HereRation Card e-KYC: Will you not get free ration without getting e-KYC done? Know all details hereCabinet Decision: These government employees will get the benefit of salary increase. check detailsModi 3.0 govt proposes 50 percent assured pension for central govt Employees8th Pay Commission: Preparation for 8th Pay Commission after formation of government. check hereDRDO Recruitment 2024: Opportunity to get a job with 37000 salary in DRDO, Required age limit to applyNow Download PAN Card, Driving License, Class X Certificate, Vehicle RC Through WhatsAppFastTag & Metro Card User: RBI allows automatic recharge facility via e-mandate. Check HereBank KYC Online: These three banks are providing the facility to update KYC onlineBank FD holders: Good news! RBI new decision can give more interest on fixed depositsCM Yogi Adityanath issued order for government jobs in UPBSNL starts home delivery of SIM cards in these cities: Details HereProperty Tax Rule: MCD to stop accepting cheques for property tax payment from july 1Aadhar Card: Only 10 days are left for free update of Aadhar, make correction immediatelyPassport Online: You do not need to carry documents to get a passport. check detailsGoogle Search Alert: Searching which things on google can you go to jail, check full listBus Fare Hike: People Traveling By Bus Will Have To Pay More Fare From TodayRailway New Facility: New system started at Delhi Railway Station, passengers will get this facilityWhatsApp trick: You can send WhatsApp messages even without internet, know this easy trickBank Alert: Many accounts of this government bank were closed in June, know the reasonMilk Price Hike: Mother Dairy announces hike in milk prices by Rs 2 per litrePan Card Rule: Your child’s PAN card will be made easily, this is the complete process of applyingRBI gave a big update regarding 500 rupees and 2,000 rupees notes, know what it saidAadhaar-PAN link: I-T Department has issued a detailed to avoid higher TDS. Details HereEmployee Retirement Age: High Court’s big order regarding this category of government employeesTraffic challan amount Hike: Today from 1st June 2024, the amount of traffic challan has increased, check here
Mon. Dec 23rd, 2024

EPFO subscribers alert! EPFO has decided to stop Covid-19 advance withdrawal. Details Here

EPFO: EPFO ​​has changed the rules for withdrawing advance from EPF. The Employees’ Provident Fund Organization (EPFO) has announced that it has decided to stop the COVID-19 advance with immediate effect

EPFO ​​has changed the rules for withdrawing advance from EPF. The Employees Provident Fund Organization (EPFO) has announced that it has decided to stop the COVID-19 advance with immediate effect. During the COVID-19 pandemic, EPF members were given a non-refundable advance at the time of the outbreak of the first wave of COVID-19 and another advance was also allowed from May 31, 2021 in view of the second wave.

EPFO – Covid-19 pandemic is no more

As per the EPFO ​​circular dated June 12, 2024, COVID-19 is no longer a pandemic. The authorities have decided to stop this advance with immediate effect. This exemption will also apply to trusts and all the trusts have been informed about it.

Also Read : Petrol-Diesel Price Today: New prices of petrol and diesel have been released, check the latest price before filling the tank

Till now advance was given for COVID-19

The provision for withdrawal of money from EPF accounts under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) was first announced in March 2020. In June 2021, the Ministry of Labour announced that EPF members could avail a non-refundable advance from their EPF accounts to meet financial emergencies related to coronavirus. Earlier, EPF members were only getting one-time advances. As per the EPFO ​​circular dated June 12, 2024, since COVID-19 is no longer a pandemic.

Rules for withdrawing money from EPF account

EPFO allows its members to withdraw up to three months’ basic salary and dearness allowance or 75% of the amount available in the EPF account. EPF members can withdraw whatever is less than this. However, members can also apply for a lower amount. Advance can be claimed for buying a house, repaying a home loan, marriage and education.

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