EPF withdrawal for medical emergencies is a facility provided by EPFO that allows employees to withdraw their EPF balance for medical treatment. Here are some key points to consider:

• Eligibility: Employees can withdraw their EPF balance for medical emergencies such as hospitalization, major surgeries, etc. They can also withdraw the balance for the medical treatment of themselves, their spouse, children, or dependent parents.

• Tax Implications: EPF withdrawal for medical emergencies is tax-free and does not attract any tax deductions or TDS.

• Limit: Employees can withdraw up to 6 times their monthly salary (basic + dearness allowance) or the total EPF balance, whichever is lower.

• Process: EPF withdrawal for medical emergencies can be done online by visiting the EPFO portal and submitting the withdrawal claim form.

By utilizing the EPF withdrawal facility for medical emergencies, employees can save taxes and secure their finances during tough times. It is a tax-saving option that can be of great help in case of medical emergencies.