Retirement fund body EPFO will deduct tax at source from next month on PF withdrawals where accumulations are over Rs 30,000 and the employee has worked less than five years. "The Finance Act, 2015 ...
From the latest Apple iPhone to gold coin and a new car, developers across the country are offering a wide array of deals this festive season to lure home buyers. (Reuters) No tax would be deducted at ...
The EPFO states that if a PF account is linked with a valid Permanent Account Number (PAN), the TDS rate will be 10%.(Mint) The statutory body, EPFO has introduced fresh guidelines for taxation and ...
The concept of TDS was introduced with an aim to collect tax from the very source of income. A person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall ...
I worked in Company A for 12 years and then moved to Company B and worked for 2.5 years. There was a gap of one month between the two. Thereafter, I stopped working. Company A had deposited my ...
Form 15g/15h for PF withdrawal works like a declaration that one is having an annual income of less than Rs 2.5 lakh. Form 15g/15h for PF withdrawal is required when the PF account is less than five ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Form 15G for provident fund (PF) ...
In case you're thinking of withdrawing your money from the Employee Provident Fund, here's some important information for you about tax deduction. The Employee Provident Fund Organisation (EPFO) ...
New Delhi [India], October 7 (ANI): Due to a lack of funds, SpiceJet has not deposited the PF money of the employees nor deposited the TDS money for several months. Indian budget airline SpiceJet has ...
New Delhi, May 30 () No tax would be deducted at source for PF withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold limit of PF withdrawal for deduction of tax ...