Concerned About Tax on PF Withdrawal Due to a 3-Month Job Gap? Let's Discuss!

Hello,

I was working in a company for almost 2.5 years (Job 1) and then another company but had to leave the job within 3.5 months (Job 2) and joined another company for now more than 2.5 years (Job 3). However, there was a gap of 3 months+ between job 2 and job 3.

My query is, due to a gap of 3 months and 3 days, will it be construed as not in continued education and now withdrawal will be taxable?

Thanks,
VJ

Hello,

I worked in a company for almost 2.5 years (Job 1) and then another company but had to leave the job within 3.5 months (Job 2) and joined another company for now more than 2.5 years (Job 3). However, there was a gap of 3 months+ between Job 2 and Job 3.

My query is due to a gap of 3 months and 3 days, will it be construed as not in continued employment, and now withdrawal will be taxable?

Thanks,
VJ

Dear friend,

The non-contributory period will not affect your tax exemption. The only thing is that it will be deducted from your total service, as you didn't contribute to PF during that period.

Abbas.P.S