I have less than 1 lakh in my EPFO and I have served around 2 years last job being in 2020. I want to take out the money do not intend to work in private organization and my age being around 52. How should I withdraw so that the amount does not attract tax .

Ans: It can be applied online through to your last employer

Ans: Yes, you can withdraw all of your EPF money after 2 months of your last day in the company, even if you are less than 58 years old since you will be unemployed. However, your EPF withdrawal will be taxable if you have not completed 5 continuous years of service.

To withdraw your EPF money, you can follow these steps:

1. Go to the EPFO website and login into your account.
2. Click on the "Online Services" tab.
3. Click on the "Claim (Form-19)" link.
4. Fill in the required details and submit the form.
5. You will receive a notification once your claim is processed.
6. Once your claim is processed, you can withdraw the money from your EPF account.

You can withdraw the money directly to your bank account or you can request a cheque from the EPFO.

Here are some additional things to keep in mind:

• You will need to submit Form 10C to the EPFO if you have not completed 5 continuous years of service. This form will help you to get tax exemption on your EPF withdrawal.
• If you are withdrawing your EPF money before retirement, you will not be eligible for the pension benefits under the Employees' Pension Scheme (EPS).
• You can also transfer your EPF balance to your new employer's EPF account if you start a new job within 1 month of leaving your previous job. This will help you to avoid any tax liability on your EPF withdrawal.