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Regarding withdrawal and tax exemption
by M Prasad on Jun 25, 2007 01:44 PM

Please some one help me in this. I had a EPF account in the previous organisation, however, I left for further studies when I had done the contribution only for four and half years. I did not withdraw the amount then. After completing my studies I have joined another organisation now. There has been a gap of two years. I plan to continue to use my EPF account. If I contribute into the existing EPF account for another six months, my contribution would be completing five years, however, there was a break of two year. In this case, can I withdraw my EPF after completing five years (with six montsh of contribution in the new organisation). In case I withdraw do I still have to furnish my tax returns to get tax exemption? Please help!!

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EPF: A safe haven for your funds