Provident fund withdrawal- tax provision

82 views 1 replies
hi my friend wants to withdraw pf because recently he joined new company to which pf provisions won't apply bt earlier he worked in a company about 12 years where pf provision r their.

please guide me wht will b tax provision of pf withdrawal in this condition
Replies (1)

If it is recognized provident fund, then the withdrawal will be tax=exempt; otherwise it will be taxable..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register