Listen "Mint Podcast: EPFO Board Member Breaks Down EXACTLY How New Withdrawal Rules Will Work "
Episode Synopsis
Recently, the government made big new changes to EPF withdrawal rules. The major change targets employees who lose their jobs, making it significantly easier for them to access their savings while maintaining their service record.Employees can now immediately withdraw 75% of their EPF amount upon losing their employment. The remaining 25% can be withdrawn after one year, ensuring that the employee's 10-year service tenure is not disrupted.But, there has been a lot of anger too, especially due to the increased duration that it’ll take to withdraw the money.In this podcast, we speak to a member of the board who made these decisions, who helps us decode everything you need to know.Watch!#epfo #money #finance
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