CPF final payment on Resignation is Taxable or not.

325 views 2 replies
Plz tell me if a person resign his job and join another government job then after resignation whichever terminal benefit provided by previous employer is taxable or not? Terminal Benefit(i.e) CPF amount PLI amount and other dues
Replies (2)

Yes most of them are taxable, but each amount is to be individually evaluated. E.g. PF account gets transferred, so no tax liability.

SIR PF ACCOUNT CAN'T BE TRANSFERED FROM PSU TO CENTRAL GOVERNMENT THEN IS IT ADDED FOR COMPUTATION OF TAX IN RELEVANT A.Y.?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register