Taxability of PF withdrawn at the time of leaving service., Income Tax

[Shrikant Shirodkar]

I have been in service of a Company for last one and a half year.

Company has its own trust for handling PF; it is not deposited with PF office.

I am leaving the service now. What portion of the PF will get taxed when I withdraw the same.

Additonal Information:-

I am not going to be in employment from now on and this is my last job.

Posts / Replies

[R K Rajwanshi]

if trust is recognised by the  EPFO than it can be  exempted for you.

[GOPALJI AGRAWAL]

If withdrawals are made before five years of contribution, then barring few exceptional cirumstances (which does not seem in your case), the withdrawal is taxable.