I have resigned from my previous company and am still unemployed. Since it has now passed 60 days since i left my job, i am planning to withdraw my PF amount completely. what will be the consequences if i find another full time job after the withdrawal ? Is it illegal ?
From India, Hyderabad
provident fund is not supposed to be withdraw in case you are going to be in continuous employment in future or in unemployment for some time. But, yes you may withdraw you PF as you are jobless for more than 60 days.
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