Can i withdraw my PF when i am abroad ?
i want to withdraw my pf for the purchase of a home in chennai. i am currently in USA. Can i withdraw my pf ?
- Anonymous1 decade agoBest Answer
If the PF is more than 5 years old, then you can withdraw it without payment of any taxes. If the PF is less than 5 years old, then you have to pay tax on the interest earned on PF and on the amount contributed by the employer.
Weather you are in India or not (NRI) is not the question at all. The amount withdrawn can be utilized for any purpose without any restrictions. You can buy a house or you can spend the entire amount.