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 are a member of the Employees' Provident Fund Organisation (EPFO), you can use your provident fund (PF) account for several purposes, from checking your balance to withdrawing money or ...
Under the new EPFO rules, unemployed members can now withdraw their full provident fund amount after 12 months of being jobless. However, they will be eligible to withdraw their pension benefits only ...
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 ...
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