Public provident fund
This query is : Resolved
16 April 2014
sir,
an employee resigned from his employment due to health problem,so he has withdrawn all his accumulations from his public provident fund. all such accumulations taxable or not.please explained in detailed
an employee resigned from his employment due to health problem,so he has withdrawn all his accumulations from his public provident fund. all such accumulations taxable or not.please explained in detailed
16 April 2014
Dear Vijya Lakshmi,
You are talking abt PPF or PF.
Withdrawal of Both are not taxable in the eyes of Law.
You are talking abt PPF or PF.
Withdrawal of Both are not taxable in the eyes of Law.
16 April 2014
Thank you sir,
It is PPF and is it exempted for every employee or there is any limitations for it.
It is PPF and is it exempted for every employee or there is any limitations for it.
16 April 2014
dear you can not withdraw ppf for 15 years read ppf provision
16 April 2014
@ BVV Lakshmi
Principal and interest both tax free.
@ CA Deven
Subscriber is entitled to partial withdrawals every year after the expiry of 5 yrs from the end of the FY in which the initial subscription was made.
Principal and interest both tax free.
@ CA Deven
Subscriber is entitled to partial withdrawals every year after the expiry of 5 yrs from the end of the FY in which the initial subscription was made.
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