The employer and the employee contribute 10 per cent of the employee's basic salary each month to the Employee Provident Fund Organisation (EPFO). In March 2020, the government announced that a person can withdraw a part of the amount from its EPF account. This advance is non-refundable and the person will not have to deposit the withdrawn money back into its EPF account. If you also want to claim your PF then these 5 mistakes have to be avoided:Seed Bank Account with UAN: With the UAN (Universal Account Number) the bank account number should be seeded. If you submit the incorrect account number or any other account number then your application will be rejected.

Source: dna July 12, 2021 01:07 UTC