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Misusing your PF? EPFO says it can recover money with interest
Business Standard
|October 03, 2025
The Employees' Provident Fund Organisation (EPFO) has cautioned its members who tap into the retirement savings for needs other than listed by it, like medical emergency, marriage or higher education. EPFO has warned that it may proceed to recover such money with interest.
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The caution comes as part of the EPFO’s ongoing efforts to ensure members use PF savings strictly for intended purposes.
Why EPFO is cracking down
PF fund is a critical part of retirement planning for salaried workers in India. Under the EPF Scheme, withdrawals are allowed only in defined situations, such as:
This story is from the October 03, 2025 edition of Business Standard.
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