Employee providend fund
Poonam ghadi (30 Points)
03 December 2021
Employees Providend fund taxable or not?
6 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 03 December 2021
Provided Fund is Deduction under section 80c of the Income tax act .
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 03 December 2021
It's not taxable at time of withdrawal if continous service is for more than 5 years.
Also you get yearly deduction under 80C upto 150000
Also you get yearly deduction under 80C upto 150000
Poonam ghadi
(30 Points)
Replied 03 December 2021
Employee providend fund received after retirement around rs 90000
shrawan choudhary
(132 Points)
Replied 03 December 2021
Exempt under sec 10 if it is not received from unrecognised provident fund
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