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!!
RE:Regarding withdrawal and tax exemption
by imtiyaz momin on Jun 30, 2007 05:14 PM Permalink
PPF is having sealing of 5years,EPF doesn't have any sealing. you can still withdraw your 4 1/2year EPF immediately. and can have new account with new employer.
RE:Regarding withdrawal and tax exemption
by imtiyaz momin on Jun 30, 2007 05:15 PM Permalink
sorry for typing mistake EPF doesn't haver any sealing limit.