Need clarity in PF claim on retirement .
PF claim on retirement is taxable? Is PF annual interest is taxable on retirement?
Ex: If person X continuing working after 58 years and PF contributing by both Employee & Employer is attract any tax on PF interest and final settlement.
From India, Bulandshahr
Employer contribution upto 12% is tax free
Employee contribution upto 150000 is tax free
After 5 years of continuous service, amount and interest is tax free.
PF interest is not taxable.
From India, Pune
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.