Curious About Current Tax Rules for PF Withdrawal Before 5 Years? Let's Clarify Together

rachauha
Even though this question has been raised several times, I want to confirm with updated information. What is the tax percentage levied if I withdraw PF before completing 5 years of service? It seems it was 30% earlier. Have there been any amendments to this rule yet? I have heard some news of it becoming tax-free in the future. I would appreciate some clarification on that. Thanks, you guys are a great help.

Regards,
Rajat Chauhan
mahendrafuria
Please see the attached file.

Regards,
Mahendra Furia

1 Attachment(s) [Login To View]

TELIKEPALLI
Dear Friend,

There is no tax on P.F withdrawal till today; maybe it won't come in the future as well.

Regards,
Sravan
mahendrafuria
Dear Friend,

If you withdraw tax before completion of five years in a company, then PF amount is added to Salary.

There is no tax on P.F withdrawal till today; it may not come in the future either.

Regards,
Sravan
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute