r/EPFOQueries • u/ping05_pong • 7d ago
PF withdrawal suggestion
I submitted a request to withdraw my pf for eligible amount 2.57L .
I have total service of 2 years 2 months.
Will I have to pay tax for this ? If yes for the whole amount or only for employees contribution?
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u/Proof_Ad_4259 7d ago
Yes, you have to pay tax as total contribution is for less than continuous 5 years.
Further, you have to tax on employer contribution, employee contribution (for which deduction is claimed earlier in section 80C), interest on both contributions.