What could change?
According to a report, the government may allow subscribers to withdraw a larger portion of their deposits every 10 years. Officials say it’s their money and they should be free to use it as needed.
What do experts say?
Experts believe this change will be a significant relief, especially for employees in the lower and middle-income groups. Currently, stringent regulations and lengthy paperwork force people to borrow against their own money. If the new rules are implemented, employees will be able to meet their real-life needs without debt.
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