Tax on Employee Provident Fund Withdrawal


Full withdrawal from the EPF account is allowed if an employee left his/her job and after two months did not join another job. The amount deposited and withdrawn from the Provident Fund account is tax-free. This is due to the fact that Provident Fund accounts fall under the EEE category i.e. Exempt on Investment, Exempted … Read more

Tax on Pension Contribution

When an employee retires, the company pays him a certain sum on a regular basis in recognition of his past service. Pension refers to the periodic payment made by the employer to his employee. With the implementation of the National Pension Scheme(NPS), not only the employer pay pension after retirement, but Pension Scheme can also … Read more


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