TAX ON PROVIDENT FUND RECIVED AFTER RESIGNATION

This query is : Resolved 

02 July 2024 My client received Provident fund after the resignation of job from private sector company. he resigns the job after the 28 years of service. He received Rs 20 lack Provident fund from EPFO .

can he liable to pay tax on PF received?

If yes , then how much is PF is taxable or exempt from tax .

thanks in advance for your valuable suggestion

02 July 2024 The entire Rs 20 lacs is exempt from tax.



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