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|Tamil Nadu Government PF G.O 103 PDF
|No. of Pages
|Jul 21, 2022
Tamil Nadu Government G.O 103
In exercise of the powers conferred by the proviso to Article 309 of the Constitution of India and of all other powers hereunto enabling the Governor of Tamil Nadu hereby makes the following amendment to the General Provident Fund (Tamil Nadu) Rules.
In the said Rules, in rule 15-B, in sub-rule (1), for the provisos, the following provisos shall be substituted, namely:-
“Provided that in no case the maximum amount of withdrawal for the purposes specified in clauses (a), (b), (c) and (h) of rule 15-A shall exceed Rs.5,00,000/- (Rupees five lakh only) or 75 times of the monthly pay, whichever is less:
Provided further, that in no case the maximum amount of withdrawal for the purposes specified in clauses (d), (e), (f) and (g) of rule 15-A shall exceed Rs.9,00,000/- (Rupees nine lakh only) or 75 times of the monthly pay whichever is less:
Provided also that in the case of a subscriber who has availed himself of an advance under the Scheme for the grant of advances for house building purpose, sponsored by the State or the Central Government or the Public or Private Financial Institutions, the sum withdrawn under this sub-rule together with the amount of advance taken under the afore-said Scheme or the assistance taken from the above said sources shall not exceed Rs. 25,00,000/- (Rupees twenty five lakh only).”