Building a Wider
Horizon With Labour
If you are a salaried employee and contribute to the Employees' Provident Fund (EPF), there is good news. Withdrawing your EPF account have become easier. Not that we recommend withdrawals, as EPF is a retirement product but EPF allows withdrawal if you are unemployed for at least 2 months and partial withdrawals for events such as medical emergencies, children's education or buying a house, (read more about it : http://bit.ly/2lQA9h0). The Employees' Provident Fund Organisation (EPFO) has introduced a simplified one page claim form (http://bit.ly/2ly17Ju) which can be used for partial or complete withdrawals. Also, partial withdrawals no longer require extra documents to show why you need the money.
