Question

Which of the following conditions does not make EPF

Q: Answer-Which of the following conditions does not make EPF corpus withdrawal taxable?

EPF withdrawal is tax-free if there is 5 years of continuous service , which includes job changes without contribution gaps . Ill-health and transfers to NPS are also considered non-taxable under EPF rules. Hence, all the options listed do not attract tax .

corpus withdrawal taxable?

A Withdrawal after 3 years of service

B Withdrawal after changing multiple jobs with no contribution gap

C Withdrawal during illness-induced unemployment

D Transfer to NPS

E All of the above are non-taxable

Practice Next

More Current Financial Awareness Questions

……………………….is the prominent member of 1:1 type group in which one tetrahedral and one octahedral layer is present.
...
The word “ Communication” is derived from which language
Which one of the following mineral elements plays an important role in biological nitrogen fixation:
Which of the following fatty acid is majorly present in Coccus nucifera?
Phomopsis blight is a disease of which crop?
Barberry bush is the alternate host of _______
Mostly plants absorb micronutrients in
The ultimate source of production of organic compound:
Durum/ Macroni wheat (Triticum durum) is:
The headquarter of Cotton Corporation of India is located at

Which of the following conditions does not make EPF

Solution