Taxability on withdrawal from epf

Tax queries 263 views 2 replies

If some withdrawal is done from the EPF account, is it Taxable under IT rules?

If so, at what rete amunt will be taxed?

Navin Talati/12-05-2017

Replies (2)

NOT TAXABLE

https://www.epfindia.gov.in/site_docs/PDFs/Updates/TDS_FlowChart_Instructions_Eng.pdf
pls refer above link. EPF withdrawals are taxable if the withdrawal amount is > 30000 (now it has been raised to 50000) within 5 years


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