Provident Fund Loan Policy

[ali123]

Hi, I am employed in a Pvt Limited company in Lahore. Recently, I wanted to withdraw loan from my provident fund but came to know that my company maintains a certain policy on Provident Fund Loans, which is derived by "Rules 103 -106 of the Income Tax Ordinance 2001". As per that policy, I could not apply for loans on my accumulated balance of Provident Fund.

I want to know if there's any such clause on Provident Fund Loans in IT Ordinance 2001, because I could not find any.