Tax on provident fund

I had to withdraw my entire provident fund recently due to some personal needs.  Six years have passed since the PF account was first opened. I left the company, where I worked, after three years and have been unemployed since last three years. Now do I have to pay income tax on the withdrawn amount.

Replies (1)

Yes, service period is counted as 3 years only.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register