Sir I am temporary employee at xxx organization.. I am 3 year service in this company ...how to withdrawal my epf temporary reason my daughter’s marriage...pls kindly help me sir
From deleted, deleted
From deleted, deleted
## As per Para 68K of EPF Scheme 1952
Advance from the Fund for marriages or post-matriculation education of children
(1) The Commissioner or where so authorized by the Commissioner, an officer subordinate to him, may on an application from a member, authorize payment to him or her of a non-refundable advance from his or her provident fund account not exceeding fifty per cent (50%) of his or her own share of contribution, with interest thereon, standing to his or her credit in the Fund, on the date of such authorization, for his or her own marriage, the marriage of his or her daughter, son, sister or brother or for the post-matriculation education of his or her son or daughter.
(2) No advance under this paragraph shall be sanctioned to a member unless—
(a) he has completed seven years’ membership of the Fund; and
(b) the amount of his own share of contributions with interest thereon standing to his credit in the Fund is rupees one thousand or more.
(3) Not more than three advances shall be admissible to a member under this paragraph.
** If you want to withdrawal Epf Amount for marriage of self/daughter/son/ brother/sister then Membership/ period required 7 years.
According to you, you has completed only 3 years of service . In such case you are not eligible to withdrawal epf amount for marriage purpose.
Regards,
Amit
From India, Delhi
139Advance from the Fund for marriages or post-matriculation education of children
(1) The Commissioner or where so authorized by the Commissioner, an officer subordinate to him, may on an application from a member, authorize payment to him or her of a non-refundable advance from his or her provident fund account not exceeding fifty per cent (50%) of his or her own share of contribution, with interest thereon, standing to his or her credit in the Fund, on the date of such authorization, for his or her own marriage, the marriage of his or her daughter, son, sister or brother or for the post-matriculation education of his or her son or daughter.
(2) No advance under this paragraph shall be sanctioned to a member unless—
(a) he has completed seven years’ membership of the Fund; and
(b) the amount of his own share of contributions with interest thereon standing to his credit in the Fund is rupees one thousand or more.
(3) Not more than three advances shall be admissible to a member under this paragraph.
** If you want to withdrawal Epf Amount for marriage of self/daughter/son/ brother/sister then Membership/ period required 7 years.
According to you, you has completed only 3 years of service . In such case you are not eligible to withdrawal epf amount for marriage purpose.
Regards,
Amit
From India, Delhi
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EPF registration Procedure.pdf
TAXABILITY ON EPF WITHDRAWAL.docx