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Taxability of pf withdrwal on leaving the job

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2014 MY CLIENT HAS WITHDRAWN PF BALANCE ON LEAVING OF A JOB IS IT TAXABLE ?

JOB DURATION LESS THAN 5 YRS.
EMPLOYER HAS OWNED RECOGNISED PF TRUST


25 July 2014 it shall be taxable at the normal tax rates.



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