This special report unpacks the major changes to the Employees’ Provident Fund Organisation (EPFO) withdrawal rules, featuring insights from financial expert Shruthi Mahajan. When asked about the changes, Mahajan stated, ‘there are new regulations that are very, very pro-employees only.’ The discussion clarifies the significant confusion around these new policies, explaining that while 100% withdrawal is now permitted under certain conditions, there are nuances. For instance, in case of unemployment, a member can withdraw 75% of their PF balance after one month of joblessness, but a 12-month wait is required for a final settlement. The segment also details the simplified, online process for advance withdrawals for essential needs like medical emergencies, education, and marriage, and the updated procedures for nominees to claim funds.
#epfo #providentfund #pfwithdrawal #itwebvideos #newrules #finance #savings #unemployment #pension #money #financialliteracy #epfo #pfwithdrawal #epforules #providentfund #financialtips #epfupdate #retirementsavings #employeerights #pfadvance #joblossfunds #epfo3.0 #indianfinance #salarysavings #epfclaim #moneyhacks #pfbalance #financialplanning #epfonomination #savingsrules #epfnews
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00
Download App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
