Understanding Form 15G for EPF Form 15G is a declaration that prevents TDS from being applied to interest income from EPF, recurring deposits, or fixed deposits.

Holders of fixed deposits (individuals under the age of 60 and HUFs) may fill out Form 15G as a declaration to ensure that no TDS is deducted from their interest income for the fiscal year.

Form 15g/15h for PF withdrawal works like a declaration that one is having an annual income of less than Rs 2.5 lakh. Get more Personal Finance News and Business News on Zee Business.

PF Withdrawal: If investor has an annual income of less than Rs 2.5 lakh, then TDS deduction can be saved by submitting form 15g/15h for PF withdrawal. Get more Personal Finance News and Business News ...

The EPF rules allow complete withdrawal of PF money when an individual retires from employment and when he/she remains unemployed for a period of 2 months or more.

However, there are a few limitations. Forms 15G and 15H are not applicable if the amount of withdrawal is more than 2.5 lakh and 3 lakh, respectively for form 15G and 15H.

NEW DELHI: No tax would be deducted at source for provident fund (PF) withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold limit of PF withdrawal for ...

PF Withdrawal Rules: The PF Composite Claim Form can be used for partial or full PF withdrawal and even for withdrawing the money lying in your EPS account.

PF withdrawal: Here's how to claim online PF to meet financial challenges amid coronavirus An EPF member can withdraw up to 75 percent of EPF account balance or three months’ basic wages or the ...