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Yes, if you do before 5 years of service

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12y ago

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Is pf pension received taxable?

Yes, the Provident Fund (PF) pension received is generally taxable in India. However, the tax treatment can vary based on the duration of the employee's service and the specific plan provisions. For instance, if the employee has completed more than five years of service, the withdrawal amount may be exempt from tax under certain conditions. It's advisable to consult with a tax professional for personalized guidance.


Is pf deposited in the pf trust taxable?

No, it is not taxable


Does Employee Provident Fund attract any income tax at source in India managed by a trust?

No. All contributions to the Employee PF account are non-taxable. However, note that if you withdraw your PF corpus before completion of 5 full years of service, the amount withdrawn is fully taxable


You Needed a PF agent for PF withdrawal in Mumbai?

yes


What is the rule for PF withdrawal in a company?

You cannot withdraw your PF if you transfer to another company. You can only withdraw your PF if you are unemployed and it has been at least 2 months since your last withdrawal.


Whether ctc included employee pf and employer pf?

Yes. CTC includes both Employee and Employer PF contributions


What are pf taxes?

There are no taxes on pf contributions. However, withdrawals are taxable if done before completing 5 years


You want to withdraw your provident fund how should you do?

You can submit a written request for withdrawal to your employee or your regional provident fund office. Remember: You can withdraw only a portion of your PF balance if you are employed. Only if you are currently not employed, the PF amount would be settled in full.


What you can do If your PF is not credited into your account after 30-45days?

PF Withdrawal usually takes up to 90 days to reach you


How do you get PF amount refunded from RIL?

Submit a written withdrawal/refund request from the regional PF office where RIL would've maintained the PF accounts for all its employees.


When should the company start giving PF to the employee?

Right from day one when an employee joins, his PF benefits must begin. The PF will be paid out when the employee retires or resigns permanently and will not be taking up any job for at least 3 months. In case of a job switch, the pf account will get transferred to the new employer


How do you know cm-pf number of voluntary retirement employee?

If you are the employee, you can check with your employer or visit the regional epf office to find out the pf account number