Is TDS applicable on the whole amount of Employers' share, Employees' Share, and even Pension amount if it reaches ₹50,000/-? Or is it applicable only when the employer and Employees' share is more than ₹50,000/-? Please clarify this doubt.
From India, Bengaluru
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it is applicable only when the employer & Employees share is more than 50,000/- If less than 5 years of service and plan to withdraw your EPF you can submit Form 15G/Form15H.
From India, Mumbai
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13From India, Mumbai
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TDS is not on employee / employers share but on the total amount including interest ( only in case of less than 5 yrs of contribution / total claim amount exceeds rs 50000)
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my epf amount is acrsoss 6 lacs till date . Will i be getting a complete amount if i withdraw my EPF or will be deduct teh tax. I have already completed 5 yrs of service in my current job.
From India, Mumbai
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From India, Mumbai
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TAXABILITY ON EPF WITHDRAWAL.docx