Hi all,
At the outset, let me take this opportunity to congratulate on creating this web jagoinvestor site and sharing excellent information useful for common man.
Here is my question related to EPF withdrawal.
I have worked in a company for 13 years in Kolkata and then joined a second company in Hyderable and worked for 1 and half year. I got my PF transfered to the second company while I was working there. I came back to Kolkata and wanted to take a break in 2009 so I did not withdraw my PF yet. Also I am given to understand that the interest will be credited for 36 months and then no interest will be given. I am now planning to withdraw my PF and therefore I have few questions.
1. Is the amount taxable?
2. The PF withdrawal form should I submit to my company in Hyd or submit in EPFO office in Kolkata?
3. Will I be getting the entire amount i.e. (PF+pension)?
4. If I don’t withdraw pension part will I get pension after my completion of 58 years?
Regards.