I had continuous employment for 4-and-a-half years. Now I am going abroad for work. I am not sure whether to keep my provident fund (PF) balance or withdraw the total amount. I understand that I will continue to earn interest for 36 months, but after that the account may become dormant. What will be the taxability if I withdraw now or later?
—Shahid Nambiar
The PF balance could be withdrawn on cessation of employment and the application for withdrawal should be submitted after 2 months have elapsed.
