Interest in EPF on deposits for 3years post retirement

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Learner Always (Querist)
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30 July 2021 The EPF account remains operative and earns interest for three years even if there is no contribution.
I want to know that if there is any age bar in this?

Means, if this three years extndend period of interest earning is available after sixty years of age also? (ie, for employees retiring on sixty years)
Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 July 2021 Interest earned in PF after retirement is taxable.

CS Divesh Goyal

CS Divesh Goyal (Expert)
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30 July 2021 Agree ,Interest earned in PF after retirement is taxable.

Learner Always

Learner Always (Querist)
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31 July 2021 Thanks sirs.
It is well settled that interest earned in EPF after retirement is taxable.

But my question is different:
If there is any age condition for EPF account remaining operative for three years after the date of stoppage of contributions therein and earning interest ?
i.e., if a person retiring at the age of 60 years or 62 years would also continue to earn interest until the age of 63 or 65 years respectively?

Learner Always

Learner Always (Querist)
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04 August 2021 Thanks sirs.
It is well settled that interest earned in EPF after retirement is taxable. But my question is different: If there is any age condition for EPF account remaining operative for three years after the date of stoppage of contributions therein and earning interest ? i.e., if a person retiring at the age of 60 years or 62 years would also continue to earn interest until the age of 63 or 65 years respectively?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 August 2021 Yes you are right if a person retiring at the age of 60 years or 62 years would also continue to earn interest until the age of 63 or 65 years respectively.

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