Dear Sir/Madam,
I will complete 5 years by april 30 2009.
But I applied for withdrawl of pf amount on March 1st week 2009. Till now i dint receive the amount for pf office. Will the amount is taxable or not. Please let me know.
From India, Bangalore
I will complete 5 years by april 30 2009.
But I applied for withdrawl of pf amount on March 1st week 2009. Till now i dint receive the amount for pf office. Will the amount is taxable or not. Please let me know.
From India, Bangalore
dear
PF withdrawl does not have any relation with number of years of services .
you confirm from PF dept and if you have deposited your form in first week of march than you should get it till now.PF amount withdrawl at the time of supernuation is not taxable ,if you draw inbetween than it is taxable.
tks
j s malik
From India, Delhi
167PF withdrawl does not have any relation with number of years of services .
you confirm from PF dept and if you have deposited your form in first week of march than you should get it till now.PF amount withdrawl at the time of supernuation is not taxable ,if you draw inbetween than it is taxable.
tks
j s malik
From India, Delhi
Dear Ms.Swetha
When the company is having a trust, than the pf amount is subject to tax unless the employee is not completing 5 years service at ABB,if it cross above 5 years than the pf amount is tax free.
Incase the company is not having a trust & they have maintained with pf office government, than it is totaly taxfree(years of service will not come to picture)
Normally 60days will take for pf withdrawal,in the professional word we could say it is a waiting period.
Regards
Manju
From India
When the company is having a trust, than the pf amount is subject to tax unless the employee is not completing 5 years service at ABB,if it cross above 5 years than the pf amount is tax free.
Incase the company is not having a trust & they have maintained with pf office government, than it is totaly taxfree(years of service will not come to picture)
Normally 60days will take for pf withdrawal,in the professional word we could say it is a waiting period.
Regards
Manju
From India
Hi its not a matter of how many years you have completed. you ask for present employer provide the Submission copy , carry the same copy to PF ocffice & check the status.
From India, Hyderabad
From India, Hyderabad
dear manju
i donot agree with your statment about income tax on PF withdrawl .in my view it is taxable.pf withdrawl is not taxable on supernuation otherwise it is taxable .if you have any supporting document which support your statement
will help us.
tks
j s malik
From India, Delhi
i donot agree with your statment about income tax on PF withdrawl .in my view it is taxable.pf withdrawl is not taxable on supernuation otherwise it is taxable .if you have any supporting document which support your statement
will help us.
tks
j s malik
From India, Delhi
Dear Manju,
I have a query regarding this PF only. The things is when I am moving out from my first company, I trasferred the Pf amount to the account which I applied for withdral. How will I come to know that my first company PF amount is transferred to this account. Is there any way to find out?
-Regards,
Swetha.M
From India, Bangalore
I have a query regarding this PF only. The things is when I am moving out from my first company, I trasferred the Pf amount to the account which I applied for withdral. How will I come to know that my first company PF amount is transferred to this account. Is there any way to find out?
-Regards,
Swetha.M
From India, Bangalore
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PF Withdrawl.doc
Withdrawl Process for EPF.pdf