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
Menu
Provident fund withdrawal- tax provision
Replies (1)
If it is recognized provident fund, then the withdrawal will be tax=exempt; otherwise it will be taxable..
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
