Question
What is the maximum percentage of the balance that can
be withdrawn if the employee is not employed for one month or more (as per the Employees’ Provident Funds and Miscellaneous Provision Act, 1952 )?Solution
The maximum percentage of the balance that can be withdrawn if the employee is not employed for one month or more is 75%, as per the Employees’ Provident Funds and Miscellaneous Provision Act, 1952 .
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