if I withdrawn epf befor five years of opening of epf account then withdrawn amount is taxable which extend
Replies (4)
Quick Summary
Withdrawing from your EPF account before completing five years of service can have tax implications. Generally, if the withdrawn amount exceeds £50,000, a 10% tax deduction may apply. However, amounts less than £50,000 are typically not subject to tax, as per Section 192A of the Income Tax Act.