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 ...

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 Organisation (EPFO) allows you to contribute a portion of your basic salary towards a provident fund. Both you and your employer contribute 12% of your basic pay. Of your ...

If you are a member of the Employees' Provident Fund Organisation (EPFO), you can use your provident fund (PF) account for several purposes, from checking your balance to withdrawing money or ...

New Delhi: In a customer-friendly move, the Union Bank of India has made it easier for its customers to submit Form 15G & H annually online using the bank’s Union Virtual Connect WhatsApp channel ...

EPF Claim: For salaried employees in India, PF is not only a support after retirement, but also a support in times of emergency. You do not know when an emergency may arise, so you can use your PF at ...

Amid coronavirus-led uncertainties, in order to help people facing financial crisis, the government has relaxed PF withdrawal process and rules where EPF members can withdraw a certain amount from ...

Speaking on how to save TDS on PF withdrawal; Manikaran Singhal, a SEBI registered tax and investment expert said, "TDS deduction comes into play when the PF withdrawal amount is subject to income tax ...