How to Save Tax on PF Account?

If the period of employment in the previous organisation is less than 5 years and you do not transfer the account to the new employer, then the amount received from the previous employer including the interest earned will become taxable on withdrawal.

If the employee changes their job and transfers the PF Account from the old employer to the new employer, then the period worked with the previous employer/employers would be included in computing the period of continuous service.

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