EPF withdrawal can be made for various reasons, such as retirement, resignation, disability, or financial emergencies like medical emergencies, marriage, education, or home purchase. The amount that ...
According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...
If you have been contributing to the Provident Fund (PF) through your salary deductions, you should know that you don’t always have to wait until retirement to withdraw the entire balance. Under ...
The Employees’ Provident Fund Organisation (EPFO) allows you to contribute a portion of your basic salary towards a provident fund. Both you and your employer contribute 12% of your basic pay. Of your ...
If you're looking to withdraw some funds from your Employees' Provident Fund (EPF) account, the process is now easier than ever with online facilities. Whether you need the money for medical expenses, ...