Wednesday, December 15, 2010

PFL NORMS FOR OVERSEAS WORKERS

India has tightened norms for the withdrawal of provident fund (PF) by overseas workers in the
country, prohibiting them from taking back this money until they were 58 years old or were incapacitated. However, analysts said theses norms had been tightened for those countries that didn't have social security agreements with India and the move may prompt them to go in for such pacts.

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