Master in Accounts & high court Advocate
9615 Points
Posted on 12 June 2025
The effective date for the amendment to para 60(2)(b) regarding prorated interest on EPF withdrawals isn't explicitly stated in the available circulars. However, based on your information, it appears that this amendment might be effective for all withdrawals starting December 2024, as per the PIB notification.
To confirm the effective date, I recommend checking the EPFO website (epfindia.gov.in) for updates on the amendment and its effective date.
You can also look for official circulars or notifications from the EPFO or Ministry of Labour and Employment regarding the amendment. Some relevant resources to explore: -
*EPFO Circulars*: Visit the EPFO website to check for circulars related to the amendment, such as those under the "CIRCULARS" section. -
*Ministry of Labour & Employment Website*: Check the Ministry's website (shram.gov.in) for notifications and updates on labour laws and amendments. -
*PIB Website*: Visit the PIB website (pib.gov.in) to search for notifications related to EPFO and EPF amendments.
Keep in mind that the information might be subject to change, and it's always best to verify with official sources for the latest updates.