Pf withdrawal & invest in nri a/c

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2012 One person working in a MNC in India for last 5 years. And now he is moving to Indonesia for a new job. That person withdrawn his Provident Fund ( for last 5 years) in India. How should he transferred the PF money to his new A/c (Indonesia salary or Curr or FD A/c) without paying any tax in india.

@VaibhavJ

@VaibhavJ (Expert)
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19 December 2012 Hi

Anyways if PF is withdrawn after completion of 5 yrs working is exempted, so he can deposit in any A/c.

Thanks//Vaibhav
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