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EPFO halts COVID-19 advance facility with immediate effect
short by Anmol Sharma / on Saturday, 15 June, 2024
The Employees' Provident Fund Organisation (EPFO) has announced that it'll no longer provide COVID-19 advances to its members with immediate effect. Under the advance facility introduced in 2020, members were allowed to withdraw three months basic wages or up to 75% of amount standing to their credit in their provident fund account.
read more at Moneycontrol