Respected experts,
Please clarify that is it true that if a govrnment/central government employee withdraws money from his/her General Provident Fund, it would be binding upon the employee to submit the Utilization Certificate (UC) towards the amount withdrawn by the employee as per the General Provident Fund (Central Services) Rules, 1960, Rule 16: (2) to his/her Department??
If it is found that he had never submitted any such UC, what would be its consequences?
Please guide urgently.
Thanks and regads,
