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PF Final Sattlement

TDS / TCS 311 views 4 replies

Recently my friend was given resign letter  to employer. Now he want to Withdrawal  his PF amount  for  Final full Settlement  purpose. Note that his Service Period  is  10 years Plus & Total PF amount is 74500.00.

Can He upload  15G Form (Mandatory) for PF amount Final Settlement purpose ? 
 If he will not Summited 15 G Form then Govt  Deducted TDS?

Replies (4)
Yes, please submit form 15G
Tds is not applicable since the service period is above 5 years.

You may just submit as a formality.

Two months gap should be there to get full amount from PF / pension settlement

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