POSTED BY August 2, 2012 5:15 pm ONE COMMENT
ONHi All,
I had made three company switch. With no PF account transfer.
First Company- 3Years 8 Months (private pf trust)
Second Company – 1 Month ( gov pf account)
Third Company – 1 Year 1 Months (gov pf account)
Forth Company – 5 Months (gov pf account, ) Current company.
My query is whether I can withdraw my pf from my first, second and third company or not. If yes, what will be the tax penalty for doing this? ( I want to use this amount in prepayment of my house loan. )
Thanks in advance..
Regards,
Ram
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Your first company PF has completed 5 yrs now .. hence no tax to be paid on the money you get out of it , but others will be added to your income now .