Can anyone please tell me that what is the difference between EPF and GPF? In private Company can employee take loan from there PF? and if yes, then What will be the amount that can be taken as a loan from PF ?
From India, Rajkot
2From India, Rajkot
EPF is a contributory fund and is administered by EPFO
Employee can take loan from EPF as per EPF rules
General Provident Fund (GPF) is as per General Provident Fund (Central Services) Rules 1960
Department of Pensions and Pensioners' Welfare
To know GPF Balance details (Rajkot, Gujarat) GPF Balance/Missing Credits/Debits
From India, Bangalore
Employee can take loan from EPF as per EPF rules
General Provident Fund (GPF) is as per General Provident Fund (Central Services) Rules 1960
Department of Pensions and Pensioners' Welfare
To know GPF Balance details (Rajkot, Gujarat) GPF Balance/Missing Credits/Debits
From India, Bangalore
Employees Provident Fund (EPF)covers employees in private sector as well as those in public sector who are not covered by government pension schemes. The General Provident Fund (GPF) is applicable to central government, state government, railway and defense personnel who are covered under old pension schemes. From the year 2005, these offices have dispensed with the old pension scheme. New recruits are covered under contributory pension schemes. Their GPF accounts would also be maintained by Pay & Accounts offices of the concerned ministries/departments as before 2005. EPF accounts are maintained by Regional Provident Fund Commissioners. Temporary advance can be drawn from one\'s EPF account for specific reasons repayable in easy installments. Non refundable withdrawal from EPF account allowed only after 5 year service and only for housing purpose. This withdrawal is non taxable.
From India, Pune
From India, Pune
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EPF ON LINE REGN. USER MANUAL.pdf