Tax on PF withdrawal


This query is : Resolved 

Quick Summary
This discussion clarifies the tax implications of withdrawing your Provident Fund (PF). Generally, PF withdrawals are not taxable if you have completed at least five years of continuous service. However, if you withdraw your PF before completing five years of service, the amount withdrawn will be subject to tax.

(Querist)
23 November 2020 Dear Sir,

One of the Salaried person withdraw his PF amount , this amount is taxable or not, please clarify

Thank you sir.

23 November 2020 Not taxable withdrawal after 5 years of service.

M S REDDY (Querist)
23 November 2020 Thank you sir,

before 5 years of service, it is under taxable sir

23 November 2020 Yes, it's taxable............


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