When the service of the employee is terminated due to loss of health, project completion etc. When one transfers his EPF account to some other account. But if the employee is not able to submit the PAN card then the TDS will be charged at 34.6%. The TDS is deducted 10% when the employee submits a PAN card. Before 2016 the maximum limit of this type of TDS was set at an amount bigger than ₹30,000 or more than the withdrawal amount. This limit was raised in the budget of 2016. According to the act, your EPF withdrawal is bound to attract a Tax Deducted on Source (TDS) if you have withdrawn an amount of more than ₹50,000 and have worked for a period of 5 years or less. These EPF withdrawal rules are stated under section 192A, Finance Act of 2015. It is important to know about the TDS in relation to the EPF withdrawal before you start filling out the form 15G for PF. Have a look at the image below to find a sample of Form 15G. An additional facility is provided to you that you can submit the Form 15G on the websites of the major banks in India, online. This form could also be availed from the website of the Department of Income Tax. You can easily download it from all the websites of major banks and from the EPFO portal for free. It is very easy to get Form 15G to reduce the burden of TDS deduction. This was the threshold limit for the years 2021-2022. So, your aggregate interest income should be less than ₹2.5 lakh. 
If the total income you have earned is less than the basic limit of the tax slab.If you are a resident Indian individual or a HUF (Hindu Undivided Family).If you meet the below eligibility criteria then you can fill out the declaration form 15G for PF. What Is The Eligibility Criteria For Form 15G
Instructions To Fill Form 15G For PF Withdrawalįorm 15G and 15H are self-declaration forms that one needs to submit if he wants to request for no deduction of tax from the interest income because the income is below the exemption limit.What Is The Eligibility Criteria For Form 15G.Apartments / Flats without Brokerage for Rent in Greater Noida.Independent house for Rent in Greater Noida.Apartments / Flats for Rent in Greater Noida.Apartments / Flats without Brokerage for Sale in Greater Noida.Builder Floor for Sale in Greater Noida.Independent Houses for Sale in Greater Noida.
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