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EPF Withdrawal before 5 years,TDS,Form 15G,Tax and ITR

An individual has to pay tax on withdrawal of PF accumulations if the same has been withdrawn from a recognized PF account without rendering continuous services for five years or more with the employer. This article covers focuses on withdrawing  EPF before 5 years, ...

EPF SMS What is EE, ER? How much on Withdrawal from EPF?

“I am working in ABC company since 2008. On Checking my PF on website SMS shows EE amt : 47631 & ER amt: 14571.( account updated 31/03/2014). If today I leave job how much would I get from PF”   or “I checked my EPF account, EE & ER should be...

Premature withdrawal or Breaking of Fixed Deposit

Fixed Deposits (FD) are popular investment instruments in which you invest a lump sum amount for a fixed period of time and you get fixed rate of interest. Now during the period of investment, the interest rates may fluctuate, but your fixed deposit interest rates...

Tax on EPF withdrawal

Employee Provident Fund(EPF) scheme was set up to give substantial benefit to the employee at the time of retirement. Under the scheme a specified sum is deducted  from the salary of the employee as his contributions towards the fund. The employer also contributes the...
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