EPF withdrawal due to Covid-19
EPF withdrawal due to Covid-19 Members of the Employees’ Provident Fund Organisation (EPFO) have been allowed to take non-refundable advances from their EPF accounts in case of financial emergencies caused due to the coronavirus-induced lockdown. As per the EPF withdrawal rules, a member can withdraw an amount equal to three months of basic salary and dearness allowance (DA) or 75% of the credit balance in the account, whichever is lower. To help members with the withdrawal process, on April 26, 2020, the EPFO issued a set of FAQs. 1. What is the process for change in name on marriage of a woman member against UAN when changes are made in Aadhaar? The name change process if the Aadhaar data is changed is similar to other change requests. Member has to apply online and employer will digitally approve the request. The correction request can be submitted online or offline (joint request) along with a copy of the marriage certificate or such other documents which can prove that only ...