Details

  • Type: Publication series
  • Date: 10/25/2012

India – New Rules Impact Ability of IWs to Withdraw Provident Fund Accumulations 

KPMG in India reports that the government has recently issued a notification affecting the conditions for obtaining refunds of accrued social security benefits for certain expatriates. Such expatriates, generally, will be able to withdraw their PF accumulations immediately upon cessation of employment in establishments covered under the EPF Act in India and therefore will not have to wait until they are 58 years of age to get access to their PF accumulations.
 

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