India, Oct. 15 -- The Government of India has issued a release:
A social media post has made misleading claims regarding recent reforms and provisions under the Employees' Provident Fund Organization (EPFO). The post distorts facts related to withdrawal rules, eligibility conditions, and access to members' provident fund balances, creating confusion among subscribers. It is clarified that the claims being circulated are factually incorrect and grossly misleading.
The EPFO plays a crucial role in ensuring long-term social security for millions of workers in the organized sector. The recent decision of the Central Board of Trustees (CBT) reflects a fine balance between very liberal & simplified withdrawal options for various needs with a de...