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PF Withdrawal News
EPFO Latest News alert! Need money? Good news! You can withdraw PF but there is condition
Sun, Mar 29, 2020
Coronavirus impact: In a major development, the labour ministry under the PM Narendra Modi-led government has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount from their EPF account in view of the lockdown to fight COVID-19.
Income tax return (ITR) filing: Pay tax on this PF account withdrawal
Thu, Sep 13, 2018
The withdrawal amount of an account consists of the investment/principal portion and the interest earned on it. The taxability of the two differs based on the time of withdrawal. If the withdrawal is made before five years of continuous service, the entire contribution made by employer will be taxable and tax would be deducted if it exceeds Rs 50,000.
Income tax return (ITR) filing: EPF gives you tax benefit under section 80C, but there is catch
Thu, Sep 06, 2018
Contrary to popular belief, PF withdrawal becomes taxable in certain situations. The income tax rules with regards to PF withdrawal has changed from June 1, 2015 and there is a 10% tax deduction at source (TDS) on PF withdrawal.
Need of money? Here's how you can withdraw amount from your PF
Wed, Jul 19, 2017
For the current financial year, the retirement fund body Employee Provident Fund Organisation (EPFO) will soon be announcing the interest rate on Provident Fund deposits.
EPFO to launch Aadhaar-linked PF withdrawal, pension services by end of FY17
Fri, Sep 30, 2016
Retirement fund body EPFO will launch a host of Aadhaar-linked online services such as Provident Fund (PF) withdrawal and pension fixation for its 4 crore subscribers by the end of this fiscal.