Hi all can someone clarify how epf taxation works ? It says you should continue ur job for minimum 5 yr in one company. How does software guys handle this given that they frequently switch the job ? Or this 5 yr clause only applies at the time of withdrawal?

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Gratuity is given by your current employer ( when you have completed 5 continuous years ) at the time of separation. If you frequently change your job you are not eligible for gratuity. The gratuity amount is non taxable. In your entire lifetime you can claim a gratuity up to 20L.( And in one shot up to 10L - please confirm on this)

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