Direct tax

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This discussion clarifies the tax treatment of loans taken from an employee's Provident Fund (EPF) or Recognised Provident Fund (RPF). Taking a loan from your RPF generally has no tax implications. However, upon retirement, the EPF amount received is tax-free if you have completed five years of continuous service.

Jayashree Das

Jayashree Das (Querist)
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26 February 2020 i want to know the tax treatment of loan from RPF maintained by employer

Eswar Reddy S

Eswar Reddy S (Expert)
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29 February 2020 PF withdrawal has tax impact.But loan from OF has no tax effect

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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25 May 2020 No Tax Implication for taking advance/loan.

On retirement, the amount received from the recognised EPF is tax-free in the hands of the employee if he has completed five years of continuous service.

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