Which purpose does not entitle an employee to take advance from the Provident Fund under Employee Pr...........

Industrial Relation and labour law Labour Laws -II

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Which purpose does not entitle an employee to take advance from the Provident Fund under Employee Provident Fund act -

Payment of premium towards a policy

Advance for home appliance purchase

Purchasing a dwelling house

Hospitalization lasting one month or more

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Explanation:

As an employee working in a corporate set-up, there are several things one would like to know about the Employees Provident Fund (EPF). EPF is the main scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 . The scheme is managed under the aegis of Employees' Provident Fund Organisation (EPFO).