Income from Salary

Sivakami k (Student) (49 Points)

30 September 2020

Is EPS fully withdrawn taxable after rendering 5yeras of service?

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3 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 30 September 2020

https://cleartax.in/s/pf-balance-withdrawal-incometax

I have given you above link , go through , you will get all info .

Sivakami k (Student) (49 Points)
Replied 30 September 2020

It's Employees Pension scheme and not Employees Provident fund

Vijay Prakash (155 Points)
Replied 30 September 2020

EPS can fully withdrawn after the completion of 5 years of service with the employer and the such amout is tax free.

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