I left my previous company and i worked there for 4.7 yrs. Now if i withdraw my PF, whether it will be taxabla nd how tax will be deducted? And if take out PF completing 5 yrs then whether it will be taxable or not??
Pls answer to my query.
1st September 2009 From United States, Dallas
I have been working with a company for 8 Years.
I plan to resign and NOT take up another job for another 3 months at least.
Following this, I plan on starting my own business and wish to withdraw the PF for this purpose.
1) Will I be able to Withdraw the full 100% of my PF balance along with the Pension amount?
2) What kind of documentation(s) will I need to provide to indicate unemployment?
3) How long does it take to receive such funds in the account following the submission of PF withdrawal form?
4th December 2018 From India, Pune