To withdraw your EPF amount without TDS deductions, make sure to avoid these seven common mistakes when submitting Form 15G. Many EPF members make these errors, leading to TDS deductions or delays in their claims. 1. Not Knowing the Eligibility Before submitting Form 15G, you … Read more
If your EPF claim was rejected because you didn’t submit Form 15G, don’t worry! This is a common issue faced by many EPF members due to a lack of financial knowledge (or) guidance from their employers. Why Was Your PF Claim Rejected? When you withdraw … Read more
Non-Resident Indians (NRIs) have a doubt whether they need to fill Form 15G when withdrawing their Employees’ Provident Fund (EPF). The answer is yes, but only if they meet certain conditions. Who Needs to Submit Form 15G? NRIs need to submit Form 15G if: How … Read more
Not everyone needs to submit Form 15G. You are required to submit Form 15G only if you have more than ₹50,000 in your PF account and your total service period is less than five years. Otherwise, you do not need to submit Form 15G. You … Read more
Field No. 17 on Form 15G often confuses EPF members when withdrawing their EPF amount. In simple terms, “estimated total income of the PY in which income mentioned in column 16 is to be included” means your estimated annual income plus the PF amount you … Read more
No, you cannot withdraw the employer’s share for illness. Whatever the amount you have in your employee share that amount only you can withdraw it for both your illness and the illness of your family members. For example, If you have ₹60,000 in your EPF … Read more