Taxability of pf

This query is : Resolved

Mamta Patel (Querist)
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26 March 2013 I have served my company for 1 year and then resigned due to marriage. I wont be doing any job further. Kindly tell me the taxability effect on my pf withdrawal in detail.
Will it be fully taxable?
What will be the rate of tax?
Will the tax be on the entire pf amount?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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26 March 2013 PF withdrawal before completion of 5 years will be taxable under Income tax.

Need to add to total income and tax will be calculated based on the applicable slab rate i.e. 10 % or 20 % or 30 % plus e.cess