Tuesday, January 25, 2011

TDS on PF Withdrawal

You must know that PF withdrawal is not always taxable.
It's the individuals who unknowingly do some mistakes due to which tax will be deducted on PF withdrawal.


Know when the PF withdrawal is Tax-Exmpt :

1) You have a 5+ years of service with the same employer
2) You service is terminated due to some reason which is not in your control such as ill health, company closed, etc.


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