Tax on PF withdrawal

4 Years + 240 days of contribution will make you exempted to deduct any tax on withdrawl.

no it will not be taxable 

not taxable ... Enjoy !

:)

Thanks for all the replies! Is it correct that TDS will be levied on interest received on PF?

Originally posted by : Shikha Sharma
	Thanks for all the replies! Is it correct that TDS will be levied on interest received on PF?

without completion of 5 years of service, such withdrawls are taken back in "salary" and get taxed, thats why the tax is back on such withdrawls p[rior or five years, 

as per recent developments through court judgements ,4 complete Years + 240 days is limit 

as EPF contribution is covered under sec 80C of incometax, here 5 years lock in is mandatory, ( as per court , after 240 days the employee is deemed to have completed a year of service), so all such EPF contributions if not fulfilled by 80C conditions and withdrawn within time limit, then same has to be taken back in taxable income in the year of withdrawl as per 80C provisions.