I need advise on following matter. I have still not withdrw my PF from my old company, I am planning either Withdrawal or Transfer my PF so What is best and easy option ? Is PF withdrawal taxable?
is it valid information?
awaiting favorable response
thanks in advance.
There was a circular stating that if an account remains inoperative for more than 3 years, then no interest will be paid to that account for such period exceeding 36 months( 3 years). Is it that you meant?
I worked in a company from May 07 to Aug 11 & currently employed elsewhere.
Q-1 : If I go ahead & withdraw my PF, will it be taxable.?
The last company is Genpact, which may or may not have deposited the sum in EPFO.
Q-2: If "Y" for Q1, My salary component for which I have already paid Taxes, why the withdrawal be taxable?
Appreciate your help in advance.
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