{"id":24164,"date":"2017-04-03T08:27:22","date_gmt":"2017-04-03T08:27:22","guid":{"rendered":"https:\/\/www.edristi.in\/?p=24164"},"modified":"2017-04-03T08:27:22","modified_gmt":"2017-04-03T08:27:22","slug":"new-rules-gpf-clearance","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/new-rules-gpf-clearance\/","title":{"rendered":"New rules for GPF clearance"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Under the new rules of GPF clearance, the employees can now withdraw their GPF&#8217;s money for special work, after the completion how many years of the job?<\/strong><br \/>\n(a) 10 years<br \/>\n(b) 12 years<br \/>\n(c) 15 years<br \/>\n(d) 18 years<br \/>\n<strong>Ans: (a)<\/strong><br \/>\n<strong> Related facts:-<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On March 7, 2017; the Central Government announced the simplification of general provident fund GPF clearance rules.<\/li>\n<li>Under this new rule, employees can now take money in 15 days.<\/li>\n<li>Along with this, the employees will now be able to withdraw their GPF&#8217;s money after 10 years of employment for special work.<\/li>\n<li>In the past, the limit was 15 years.<\/li>\n<li>Under the new rule, now the money from GPF will be withdrawn for primary, secondary and higher education and for all institutions.<\/li>\n<li>Earlier, only the high school level was allowed to withdraw money from GPF.<\/li>\n<li>It is important to note that under the new rule, decision has been given for the clearance of 12 months\u2019 salary or three quarters of the total contribution (whichever is less).<\/li>\n<li>In the context of illness, the amount can be withdrawn upto 90 percent of the total amount of the shareholder&#8217;s account.<\/li>\n<li>A 15-day timetable has been fixed for the clearance of GPF clearance application and payment of amount.<\/li>\n<li>This limit may be reduced to seven days in case of illness or other emergency.<\/li>\n<li>Money can be withdrawn from the GPF for the purchase of cars, motorcycles and scooters etc. or to repay the loan taken for that purpose.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\n<strong>Related Links:-<\/strong><br \/>\n<a href=\"http:\/\/aajtak.intoday.in\/story\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money-1-916481.html\" target=\"_blank\">http:\/\/aajtak.intoday.in\/story\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money-1-916481.html<\/a><br \/>\n<a href=\"http:\/\/www.businesstoday.in\/current\/economy-politics\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money\/story\/247679.html\" target=\"_blank\">http:\/\/www.businesstoday.in\/current\/economy-politics\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money\/story\/247679.html<\/a><br \/>\n<a href=\"https:\/\/khabar.ndtv.com\/news\/business\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money-1667657\" target=\"_blank\">https:\/\/khabar.ndtv.com\/news\/business\/new-rules-for-gpf-withdrawal-15-day-limit-for-getting-money-1667657<br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Under the new rules of GPF clearance, the employees can now withdraw their GPF&#8217;s money for special work, after the completion how many years of the job? (a) 10 years (b) 12 years (c) 15 years (d) 18 years Ans: (a) Related facts:- On March 7, 2017; the Central Government announced the simplification of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":24060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1137],"tags":[2541],"class_list":["post-24164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mis","tag-miscellaneous-en"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/24164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=24164"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/24164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/24060"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=24164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=24164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=24164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}