Whether EPF Amount is taxable or not in two events -
1. Immediate withdrwal from EPF account on retirement
or
2. Holding the same amount in EPF account for three years and then withdrawing the same with interest thereon.
Thanks in advance!!
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Epf taxablility
Replies (1)
EPF taxability is not related with withdrawal date, but it would be tax free if the member has contributed for 5 years + (in one or more establishments does not matter)
below 50000/- ( including principal and intrest) no TDS is deducted
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