Condition of PF Withdrawal

This query is : Resolved

Swaminathan (Querist)
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07 December 2009 Hi,

If I withdraw my PF after being in service for 2.8 yrs. Am I eliglible for full repayment i. e. both employee and employer contribution.

Will I get only refund of employee contribution?

Also what would be my tax liability on withdrawal?

S.Siju Gemin

S.Siju Gemin (Expert)
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08 December 2009 YES, YOU ARE ELIGIBLE FOR FULL REPAYMENT BOTH EMPLOYEE AND EMPLOYER CONTRIBUTION. THERE IS NO TAX LIABILITY ON WITHDRAWAL.

Ravinder

Ravinder (Expert)
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08 December 2009 yes you are eligible but before withdraw your PF amount you have to take writen permission on prescribed form from the concerned employer