Provident fund withdrawal- tax provision

hi my friend wants to withdraw pf because recently he joined new company to which pf provisions won't apply bt earlier he worked in a company about 12 years where pf provision r their.

please guide me wht will b tax provision of pf withdrawal in this condition
Replies (1)

If it is recognized provident fund, then the withdrawal will be tax=exempt; otherwise it will be taxable..

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