Is PF accumulation taxable post-withdrawal?
The accumulated PF balance due and payable to the employee that is balance to his credit on the date of cessation of his employment, is exempt from tax if he has rendered continuous service for a period of five years or more
I have worked for a private company between January 2018 to December 31 2019. I resigned from the job and applied for PF withdrawal of 75% in the month of August 2020. I haven't had any job in 2020. Are the PF remaining amount and further PF deposits would be liable for tax.