This discussion explores the taxability of interest earned on Employee Provident Fund (EPF) accounts that remain active for three years after retirement. The user is seeking clarification on whether this interest is taxable and asks for details on relevant tax sections or rules. The general understanding is that such interest is indeed taxable.
02 July 2021
EPF A/c remains active for three years after retirement and keeps earning interest. Please tell me about taxability of interest earned or received if amount is not withdrawn on retirement but kept deposited for the 3 years of grace period.