POSTED BY November 17, 2013 10:24 am ONE COMMENT
ONHi All,
I have few questions regarding EPF withdrawal –
1. Does EPF dept accepts forms submitted through speed or registered post ?
2. I worked for a company for 4 years which maintained my EPF account. Then I joined a company which was not required to pay PF so I didn’t get a chance to transfer my PF account. I am still working for this company and my account has become inoperative after 36 months. So, if I withdraw EPF now will it be taxable ?
3. If answer to above is Yes, I would like to know if entire amount is taxable or only employee’s share as it was shown as investments under 80C during the years employee is employed ?
Regards,
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Dear Anshul, now online application ca be made for withdrawal. Regarding taxation, full amout is taxable.
thanks
Ashal