How to Avoid TDS on PF withdrawal❓❓| In Tamil | #pfwithdrawal #esic

Tax Deducted at Source (TDS) on Provident Fund (PF) withdrawal is applicable based on the following conditions: 1. When TDS is Applicable TDS will be deducted on PF withdrawal if: The withdrawal amount exceeds ₹50,000 The employee has not completed 5 years of continuous service (including previous employers if the PF balance was transferred) 2. TDS Rates on PF Withdrawal 10% TDS if PAN is provided 30% TDS (plus surcharge & cess) if PAN is not provided No TDS if the withdrawal amount is less than ₹50,000 or if the employee has completed 5 years of service 3. When TDS is NOT Deducted If the total PF withdrawal is less than ₹50,000 If the employee has completed 5 years of service If the withdrawal is due to ill health, business closure, or beyond the control of the employee If Form 15G/15H is submitted (for individuals with taxable income below the exemption limit) Would you like details on how to claim a TDS refund if excess tax was deducted? For all your financial queries... Reach us at [email protected] 💌 WhatsApp: 99763 72162 Enjoy the Video till end. Do Subscribe, Share, Like and comment. / @taxwithsuriya _____________________________________________________________ ♥Like 👍 ♥ Share ♥ Subscribe ♥ Press 🔔 _____________________________________________________________ Disclaimer: our videos are for educational purposes only, we will not be responsible in any circumstances for any decision which you have taken after watching the content