Taxability on Provident Fund Balance
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2010
Kindly let me know whether pre-mature withdrawal (within 5 years of investment)from Provident fund is taxable?
If yes, then is employee as well as employer contribution (both) taxable?
If yes, then is employee as well as employer contribution (both) taxable?
22 October 2010
what do u mean by premature withdrwal? If you are withdrawing from PF some amount as per the provision of PF act , whether the amount is refundable or non-refundable, it will not be taxable.
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