PF withdrawl
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 August 2010
Hi,
This reg PF withdrawls from my prev cos.
Co#1 Jun 2003 to May 2004 (11months) Appr PF Amt Employee Contribution 33000 & Employer contribution 33000. NO EMPLOYEMENT from Jun 2004 to Oct 2004
Co#2 Oct 2004 to Sept 2007 (35 months) Appr PF Amt Employee Contribution 100000 & Employer contribution 100000.
I want to withdraw the above amounts.
Pls let me know
1) Tax implication on withdrawl
2) Interest earned on above amounts
3) Time frame to realise the money
This reg PF withdrawls from my prev cos.
Co#1 Jun 2003 to May 2004 (11months) Appr PF Amt Employee Contribution 33000 & Employer contribution 33000. NO EMPLOYEMENT from Jun 2004 to Oct 2004
Co#2 Oct 2004 to Sept 2007 (35 months) Appr PF Amt Employee Contribution 100000 & Employer contribution 100000.
I want to withdraw the above amounts.
Pls let me know
1) Tax implication on withdrawl
2) Interest earned on above amounts
3) Time frame to realise the money
CMA Chandan Singh
(Expert)
30 August 2010
1) Tax Free
2) 8.5% P.A (Cummulative Monthly)
3) 2 Months
2) 8.5% P.A (Cummulative Monthly)
3) 2 Months
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