PF Transfer or Withdrawal - Please suggest?

[Ankit_09]

I worked in three companies, in my second company - I have filled PF transfer form. Now its almost 1 year now but it has been not transferred from my first companey to second yet. I wanted to withdraw it if it will transfer to my second companey.


Can you please suggest.

Ankit

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[Rahul]

No need for the withdrawal, just transfer it to another company. Because If you are withdrawing the PF amount before 5 years than you have to pay tax on it.

Source - PW.com