According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...

The Employees’ Provident Fund (EPF) is designed to support employees’ long-term financial security, with both the employee and employer contributing 12% of the employee’s basic salary and dearness ...

PF Withdrawal: On Provident Fund investments, income taxpayer is given tax exemption on investment, interest earned and the maturity amount. PF Withdrawal: Provident Fund or PF investment is a ...

If you are an EPF (Employees Provident Fund) subscriber, and at the time of withdrawal, you do not want TDS (tax deducted at source) to be deducted, you need to fill out form 15G. The TDS is deducted ...

The government also provides interest on the accumulated amount. In a move to enhance member services, the Employees' Provident Fund Organisation (EPFO) has drastically reduced the time it takes to ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The employees’ provident fund ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Form 15G for provident fund (PF) ...