Regarding provident fund

others 185 views 1 replies

Dear Sir,

 

Can you please let me know regarding Provident Fund

Suppose, we are deducting one employee provident fund from his salary like below

 

Deposit Pension
Employee Share Employer Share Contribution
432.00 132.00 300.00
432.00 132.00 300.00
362.00 111.00 251.00
     
1226.00 375.00

851.00

 

My question is, how much amount he can withdraw? 1226 or 1226*2=2452.00?

at what is the period to withdraw this amount

Is there any particular period or we can withdraw at any time?

Appreciate your help in this regard

Thank You

Srinivas

Replies (1)

if you withdraw before 5 years the amount is taxable and also earlier deductions is nulled 


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