A Provident fund is a government-managed retirement savings scheme for employees who can contribute a part of their pension fund every month. And, Form 15G is a declaration that can be filled out by ...
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 ...
The Employees' Provident Fund (EPF) is a scheme by the Indian government which was launched in 1952. Under The Employees' Provident Fund (EPF) scheme you and your employer contribute a specific amount ...
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 ...
As per the Income Tax Act of 1961, financial institutions like Bajaj Finance must deduct TDS if the interest income of customers investing in FDs exceeds Rs. 40,000 in a financial year (this limit is ...
EPF Claim: For salaried employees in India, PF is not only a support after retirement, but also a support in times of emergency. You do not know when an emergency may arise, so you can use your PF at ...
The Employees’ Provident Fund Organisation (EPFO) governs the rules regarding the Employee Provident Fund, which is a mandatory savings and retirement scheme for eligible employees. Under the EPFO, ...
New Delhi: In a customer-friendly move, the Union Bank of India has made it easier for its customers to submit Form 15G & H annually online using the bank’s Union Virtual Connect WhatsApp channel ...
EPFO News: The Employees’ Provident Fund Organisation (EPFO) provides a financial security cover to private and public sector employees by managing their provident fund (PF) which can be withdrawn in ...
The Employees’ Provident Fund Organisation (EPFO) allows an employee to contribute a certain percentage of the basic salary towards provident fund. As per EPFO norms, the employee has to contribute 12 ...