WhatsApp

pf registration

Employee Provident Fund withdrawal taxable or tax-free?

Leave a Comment / Financial Consultancy / By

Income tax rules on EPF withdrawal 1) If the employee has rendered continuous service for a period of five years or more, EPF withdrawal does not attract any tax liability. It is to be noted that for calculating the five-year time limit, services rendered with the previous employer is also included.  2) Even if the employee has not rendered …

Employee Provident Fund withdrawal taxable or tax-free? Read More »

Documents required for registration of Provident Fund.

Leave a Comment / pf registration / By

PF registration is mandatory for all establishments with 20 or more persons.  The 12% rate of PF contribution should be equally divided between the employee and employer.  Documents Required for  PF Registration:- Based on the type of entity seeking PF registration, the list of documents required for PF registration would vary as under-: For Proprietorships: …

Documents required for registration of Provident Fund. Read More »