Provident fund transfer

398 views 1 replies

I changed my job. The new employer has less than 20 employees and hence does not maintain provident fund. My service with my previous employer was less than 5 years. If I withdraw I get taxed. Is there any recourse available?

Replies (1)
Originally posted by : Novice Tax Expert

I changed my job. The new employer has less than 20 employees and hence does not maintain provident fund. My service with my previous employer was less than 5 years. If I withdraw I get taxed. Is there any recourse available?


Can it be transferred in Public Provident Fund A/c and keep them until the expiry of 5 years. Please confirm with other consultants.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register