EPF NEW RULE New Rule Of EPF (Employee Provident Fund) withdrawal 2020 According to the government latest update on EPFO law and rule,in the period of LOCKDOWN EPF employee withdraw the amount of 75% of the total EPF corpus can be withdrawn after around a month of unemployment has passed. The Labour ministry have some updates on EPFO rule 1952 on March 28th,2020.The employee take remaining percentage of 25% is completely transferable and can be done so to a new account. According to these law and rule there will be benefit to near about 6 Crore members. The Labour Ministry has given permission for withdraw three months basic pay and DA as equal to PF deposit money. This government have take decision against COVID 19 LOCKDOWN. The EPF account consists of contributions from the employer and employee. However, Now the money withdraw in an EPF account will very easy. There are 10 easy steps for EPF withdrawal: Step1: First of all log on Unified Portal - EPFO ...

DA JAN 2020 DA (Dearness allowance) incerase by 4% for central government employees from Jan 2020 The central government have good news for all central government employees on DA. The Union government had announced 4% in dearness allowance (DA). The DA has been reached from 17 per cent to 21 per cent on March 13th, 2020 . This decision will be effective from January 1st, 2020 to all government employees. The decision was implemented by Union Minister Prakash Javadekar during a cabinet meeting. Mr.Javadekar said that this decision will be beneficial for 48 lakh government employees and 65 lakh pensioners.This increment of DA will benefit for 1.13 crore families in all over india.The increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission, a Press Information Bureau press release stated. This increase benefit apart from central government employees, even central government pensioners and those rec...

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