How To Save TDS through Form 15G when applying for PF Withdrawal?
First and foremost, let's clarify a few things: 1. You don't have to pay TDS in two cases: a. When the PF amount is less than ₹ 50,000. b. If you are withdrawing the PF amount after 5 years of continuous service. [Please note, that "continuous service" for EPF is defined as employment for a period of five years with one or more employers.] 2. If PF is withdrawn before 5 years of continuous service, TDS is levied at the rate of 10% 3. This 10% goes up to 30% (the highest slab) if PAN details are not provided. Therefore, complete your KYC and seed the PAN card details on the portal. Click on the link below to watch the video that will guide you on how to fill your Form 15G Filling Form 15G for PF Withdrawal