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General provident fund

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(Querist)
19 January 2014 hi ! I don't know about taxation of general provident fund received at retirement . please ! help me.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
19 January 2014 the receipts from GPF are exempt..
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@VaibhavJ

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@VaibhavJ (Expert)
20 January 2014 Agree with expert.

Do refer for more understanding: http://taxguru.in/income-tax/tax-treatment-recognized-provident-fund-rpf-unrecognized-provident-fund-urpf-statutory-provident-fund-spf.html

Thanks
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