Income tax calculation on Provident Fund(PF) withdrawal - Printable Version +- Indian Working Women Forum (http://forum.indianworkingwoman.org) +-- Forum: Working Woman General Issues (/Forum-Working-Woman-General-Issues) +--- Forum: Income Tax & Finance for Working Women (/Forum-Income-Tax-Finance-for-Working-Women) +--- Thread: Income tax calculation on Provident Fund(PF) withdrawal (/Thread-Income-tax-calculation-on-Provident-Fund-PF-withdrawal) |
Income tax calculation on Provident Fund(PF) withdrawal - Shweta - 15-02-2012 06:46 PM I've changed my company. I want to withdraw my PF from the last company. Do I need to pay income tax on the PF withdrawal? RE: Income tax calculation on Provident Fund(PF) withdrawal - admin - 15-02-2012 07:27 PM For how long was last PF account maintained? RE: Income tax calculation on Provident Fund(PF) withdrawal - Shweta - 18-02-2012 11:49 AM It is six years in the last company. RE: Income tax calculation on Provident Fund(PF) withdrawal - admin - 19-02-2012 12:21 PM If the PF was maintained with PF Commissioner then it'd be tax free after 5 years. But if it was maintained with private trust then, it seems it'd be fully taxed. |