I have the below query regarding my EPF account, which is current been held with the Company PF trust account. Would be very helpful if my query can be clarified please.
I worked for a company for 25 years and had been contributing to the EPF all these years. I quit my job in 2017 and have not joined any other organization/employed since. I am currently 51 years old. Can you please let know:
- Will I continue to earn interest on my EPF till I am 58 years, though my account will be tagged as "Dormant / InOperative Accounts", since there is no contribution been made for 3 yrs?
- Will this interest accrued post 2017 attract any tax later when I plan to withdraw my funds post 58 years of my age?
CAclubindia
