Simplify your business registration with SureTax Bizcare –
your trusted partner for seamless Registration, Compliance, and Management.
An individual becomes eligible to withdraw the PF amount after completing 5 years of continuous service.
PF withdrawal is allowed in cases such as retirement, unemployment, or for specific personal and medical needs.
The claim can be filed online via the EPFO portal. An active Universal Account Number (UAN) is mandatory for initiating the process.
Partial withdrawals are permitted only for valid purposes like medical emergencies, marriage of self or children, or purchase/construction of a house, subject to conditions.
Withdrawals may attract tax liability, especially if made before completing 5 years of service or if the amount exceeds prescribed limits.
The withdrawal process typically takes around 15–20 days from the date of submission.
Applicants need to furnish relevant documents, including ID proof, address proof, and a declaration form, to complete the withdrawal process.
Suretax provides expert business and financial consulting services, ensuring strategic growth and success for our clients.
© SureTax Bizcare.
Copyright © 2025 All rights reserved.