EPF Withdrawal Tax: Limit Raised to Rs 50,000

Employees Provident Fund Organization– EPFO earlier issued a circular relating to TDS applicability on PF withdrawals (Tax deduction at Source) effective from 1st June, 2015. TDS is applicable on EPF withdrawal where PF Balance is more than Rs 30,000 and the PF member (Employee) has PF service less than 5 years. As per EPFO’s circular, […]

Read More