Pf withdrawal

 
 

Partial Good news for Employees, Govt Decides to allow PF withdrawal on conditions

The Minister of state for Labour and Employment (Independent charge) decides to postpone the date of implementation of new conditions under para 68 NNNN for withdrawal from EPFO to 1st August 2016. This was earlier planned for implementation from 1st May 2016. As per the New conditions, The Employees’ Provident Fund Organization (EPFO) issued a Notification No. GSR 158(E) on 10th February, 2016 for amendment in paragraphs 26A, 68-NN, 68-O, 69 and insertion of a new Para 68-NNNN in the Employees’ Provident Fund Scheme, 1952. Further, on detailed deliberations andRead More


Massive protests in Bengaluru by workers against Modi Govt’s PF withdrawal limitations

Bengaluru: Massive protests in Bengaluru by workers against Modi Govt’s PF withdrawal limitations. At least 10,000 garment factory workers blocked the entire Hosur road stretch near Bommanahalli and Maddur for several hours today to protest against the central government’s new legislation that limits provident fund withdrawal. Although the demands of the workers seem to be legitimate, the way protests were organized to disrupt traffic and many Ambulances were stuck in traffic. The flash protest that began post 9.30 am on Monday, went on for several hours. The police later resorted toRead More