Would like to get one more clarity on the subject...
Is tax treatment different if PF money is with trust and when PF money is with EPFO/RPFC ?
MY HR is suggesting that i should withdraw money from my previous employer (2.5 years in service) instead of transferring it to my new company.... It will not be taxable since my previous employer has kept PF money with EPFO/RPFC ... IS THIS CORRECT.
From India, Mumbai
Is tax treatment different if PF money is with trust and when PF money is with EPFO/RPFC ?
MY HR is suggesting that i should withdraw money from my previous employer (2.5 years in service) instead of transferring it to my new company.... It will not be taxable since my previous employer has kept PF money with EPFO/RPFC ... IS THIS CORRECT.
From India, Mumbai
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Early PF withdrawal won’t be easy.pdf
Guide Lines for PF Withdrawal.doc