EPF as Settlement funds for SINP- needs a letter from PF office
The EPFO didn’t provide any letter as the EPF balance details are already available on the EPFO passbook and withdrawal rules are given below.
The EPF is divided into 3 parts (employee contribution + employer contribution + pension contribution)
Employee Provident Fund Withdrawl Rules:
As per EPF withdrawal rules, a salaried employee can withdraw full EPF balance if remain unemployed for 2 months.
The EPFO can waive off the 2 months waiting period if the employee is migrating to settle in a foreign country. To avail this concession the applicant would need to produce visa copy.
Tax on Provident Fund Withdrawl:
If a salaried employee opts for withdrawal after continuous service of five years or above, there will be no Tax deduction on the amount.
Source of above information:
http://www.planmoneytax.com/epf/epf-withdrawal-rules/ (attached screen shots for your reference).