The massive campaign named‘Digital India’, launched on 1st July 2015 introduced a large number of electronic government services to make the governmental processes easy for all the citizens. Just like others, one such online facility is recently given by EPFO. The entire online process of withdr...
If your total capital gain in the financial year of withdrawal exceeds Rs 1 lakh, the long-term capital gains (LTCG) from ELSS mutual funds will be taxed at only 10%. If your total profit in a financial year is less than Rs. 1 lakh, you don’t have to pay any long-term capital ...
In both casesForm KWSP 16is to be submitted to the EPF with a copy to the employer. Unclaimed Contributions: Members aged 75 and above can conduct an online search on whether the respective member still has an account with the EPF or if there are any unclaimed withdrawal payments. Contr...
Receive the amount- If your withdrawal request is approved, the PF amount will be credited to your bank account. Note- It's important to note that the maximum amount that can be withdrawn is limited to a specific percentage of your total PF balance, and this percentage may vary depending o...
Note:-Now you can update your bank details online. Refer my post “How to correct/update Bank details in EPF/UAN online?“. TDS on EPF Withdrawal Rules Before jumping into know the process of submitting the Form 15G, let us first understand the rules related to TDS with respect to EPF...
providing credit or debit cards for online processing and a lot more. The bank lets the users create an account in any of the branches and allow them to make different sorts of transactions either online or offline. When you create a new SBI account, the bank officials ask all the details...
How to Withdraw from EPF due to Corona Virus Online if Your KYC is done then you can submit EPF withdrawal online. Keep your cheque/passbook ready to scan. A passbook or cheque should have your name with the clear account number and IFSC. ...
Reason of rejection of EPF Withdrawal : FATHER”S NAME OF MEMBER DIFFERS WITH CLAIM FORM.We assume that once we have provided the correct data, things would be fine and we don’t bother to check the details. For example our employer deducts the Provident Fund money and we check the paysl...
In such cases, you are allowed to submit form 15G EPF for the non-deduction of TDS on early employee’s provident fund withdrawal. TDS On Interest Receive From Post Office Deposits Just like the major banks, you can also fill and submit form 15G to the post office itself to get the ...
Online EPF Subscription:Organizations can make PF payments/subscriptions online, simplifying the process. Grievance Redressal:EPF members can raise complaints regarding pension settlement, PF withdrawal, PF transfer, etc. Online Claims Status and Passbook:EPF members can check the status of their PF cla...