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Sample Filled Form 15G TDS deduction for PF Withdrawal in 2020

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EPF members who are withdrawing a PF amount (only form 19) of more than 50000 Rs in below 5 years of service need to submit 2 copies of form 15G and 1 copy of PAN card. If EPF members fail to submit form 15G then 34.6% tax will deduct from their PF claim amount or sometimes EPF officials will reject the EPF claim. EPF members whose age is below 60 years need to submit form 15G and for above 60 years form 15H is required. ---------------------------------------------------------------------------- Tax deduction situations during PF withdrawal ----------------------------------------------------------------- If the employee submits both PAN and 15G No tax deduction If the employee submits only PAN TDS 10% If the employee doesn’t submit PAN also TDS 34.6% Filled Form 15G Part 1 Filled Form 15G Part 2
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"How To Submit Form 15G & 15H Online For PF Withdrawal"

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Now EPF members can upload form 15G and form 15H online at UAN member portal while applying for the PF claim. Here is the step by step process on uploading form 15G and 15H for online PF claims. While applying PF amount online at UAN member portal we will get the following message… “Dear member, As your service is less than five years and your verified PAN details are not available under the unified PF portal. Income tax at the highest slab of 34.6% is liable to be deducted if your settlement amount crosses Rs. 50000/-. You are advised to update your PAN details before filling for the online claim and also check your balance before proceeding to submit PF settlement claim.” EPF members who select form 19 i.e PF amount withdrawal in UAN member portal will get an option to upload form 15G. You don’t need to submit form 15G for pension amount withdrawal i.e form 10C amount. To upload form 15G in member portal, first,  download form 15G here  and fill it with blue or black bal
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EPFO BALANCE CHECK

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