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Query Details

Asked by namish on :Jul. 05, 2018

Is TDS applicable on EPF withdrawl?

Is TDS applicable on EPF withdrawl?

Is TDS applicable on EPF withdrawl?

0

Jeeba Jul. 05, 2018

10% TDS will be deducted if the PAN is submitted. Otherwise TDS is deducted at the maximum marginal rate of 34.608 %

However, in the following cases TDS is not applicable on withdrawl of sum.
If withdrawl is made after the completion of 5 years of service.
If amount of one PF account is transferred to another PF account.
If employee submit the form 15G/15H as applicable

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