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Sri Lanka Equity Forum » Stock Market Talk » TAX on EPF when withdrawing

TAX on EPF when withdrawing

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1 TAX on EPF when withdrawing on Sat Sep 16, 2017 8:38 am

hettdas

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Does any one know whether it is taxable or not when withdrawing according to new bill?

2 Re: TAX on EPF when withdrawing on Sat Sep 16, 2017 1:11 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@hettdas wrote:Does any one know whether it is taxable or not when withdrawing according to new bill?
I don`t think the Gvnt. will touch EPF and give a trump card to JO to play, as the Local Election is coming next January,, and also  there will be lot of objections and protests from many Trade unions.

3 Re: TAX on EPF when withdrawing on Sat Sep 16, 2017 5:17 pm

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@hettdas wrote:Does any one know whether it is taxable or not when withdrawing according to new bill?

No

4 Re: TAX on EPF when withdrawing on Sat Sep 16, 2017 7:52 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Government is very keen on prevailing events going on. Scheduled elections have to keep away all unwanted mishaps. Touching the EPF would cause voters' reluctance. So, seemingly the EPF would be out of touch.....???

5 Re: TAX on EPF when withdrawing on Sun Sep 17, 2017 7:25 am

hettdas

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Good. I also think if they touch EPF it is their end because majority of Sri lankans are private sector people.

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