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 ...

Is there any discrepancy in your EPF account? Are your EPF records not updated? Do you fear you can miss out on your EPF maturity? You can fill EPFO's joint declaration form to make corrections.

Interest earned on savings schemes such as the Provident Fund, the National Service Scheme, the Post Office Savings Schemes is fully taxable. The tax on the interest earned is deducted at source (TDS) ...

Holders of fixed deposits (individuals under the age of 60 and HUFs) may fill out Form 15G as a declaration to ensure that no TDS is deducted from their interest income for the fiscal year. A ...

If you are a salaried employee and contribute to the Employees’ Provident Fund (EPF), there is good news. Withdrawing your EPF account have become easier. Not that we recommend withdrawals, as EPF is ...

If you invest in certain instruments like bank fixed deposit, recurring deposit and corporate deposit, the interest you earn is taxed. Banks and post offices will deduct TDS (Tax deducted at source) ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Form 15G for provident fund (PF) ...