It is to be noted that the taxability of retirement benefits depends on certain factors, including the type of benefit, the amount received, and the individual's tax status.
If the employee changes his job and transfers his EPF account from the old employer to a new one, then the period of previous employment would be included in computing the period of continuous service.
Employee Provident Fund Organization (EPFO), one of the largest social security organisations in the world, is in charge of managing the welfare programme known as Employee Provident Fund (EPF).