Pf taxability

provident fund amount withdrawn after resigning after 5 years ....is it taxable ?
amount received 510000
Replies (3)
Quick Summary
If you withdraw your Provident Fund (PF) after completing at least five years of continuous service, the amount is generally not taxable. However, the taxability differs depending on whether your PF is recognised or unrecognised. For unrecognised PF, the entire withdrawn amount is subject to tax.

Yes, non taxable, if minimum 5 years of continuous service.

Do we need to check whether it is recognized or unrecognized?

Yes, taxability for both differs. For unrecognized PF total amount withdrawn is taxable.

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