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 ...
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 ...
A Provident fund is a government-managed retirement savings scheme for employees who can contribute a part of their pension fund every month. And, Form 15G is a declaration that can be filled out by ...
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 ...