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Pf withdrawl for payment of lic

This query is : Resolved 
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(Querist)
13 August 2014 Dear Friends,

I have one quary, Can i use my PF Contribution for payment of My LIC Premium.

My Company have its own PF Trust and i am still in working there.

Regards,
Arvind Aggarwal
Mob-9717906887.
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Rupesh Jain

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Rupesh Jain (Expert)
13 August 2014 yes you can this, but if you withdraw the amount from PF before completion of 5 years. then PF amount will include in your income and you have to pay tax accordingly.
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Arvind aggarwal

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Arvind aggarwal (Querist)
13 August 2014 Thank you sir for quick reply.
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