05 January 2016
Dear Suchi Taxable in the year of withdrawn if withdrawn before the subscription period of 5years. Hence in you case taxable as withdrawn before completion of 5 years.
05 January 2016
Dear Suchi 1. Provident fund withdrawals before five years of completion of service will attract tax deducted at source (TDS) at 10 per cent. 2. If the accumulated provident fund balance is less than Rs 30,000, TDS would not be applicable.
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