I have worked in a company for 3 years where I had a Provident Fund (PF) Account. I have then changed by job. I am having a new PF Account in my current organization. My PF account with my previous employes is inactive for more than two years. I am afraid that it will not earn interest once it completes three inactive years.If I go for withdrawal, it will be taxable. I do not want to withdraw or pay tax, rather want to continue as investment and earn interest. Kindly advice as whether to withdraw/ continue with it/ transfer, or any other way so that it continues to grow as well as not become taxable.
CAclubindia
