Many of us change jobs every 2-3 years to secure higher salaries and better opportunities. When you switch jobs, you provide your UAN to the new employer, who subsequently opens another PF account under the same UAN. It is essential to merge your previous PF account with the new one after opening the latter. Rule of PF withdrawal As per …
The Central Board of Direct Taxes under the Ministry of Finance has notified the Income Tax rules that will allow the government to collect tax from Provident Fund income generated from employee contributions. “For the purpose of calculation of taxable interest…, separate accounts within the provident fund account shall be maintained during the previous year 2021-2022 and all subsequent previous …
