EPF 3.0: Withdraw PF by swiping from ATMsSwift and hassle-free withdrawal of provident fund money could be revolutionary. Paradoxically, the current time-consuming and tedious proc...
09 Jun, 2025, 06.30 AM IST
The unintentional tax-saving investment that most salaried employees doEPF as tax-saving investments: If you're a salaried employee and is/planning to opt for old tax regime for current FY 2023-24, then Employe...
31 Mar, 2024, 10.01 AM IST
New income tax slabs under new tax regime, no LTCG tax benefit on debt mutual funds: 15 income tax changes from April 1Budget 2023 has made many changes under the Income Tax Act, 1961. Some of these changes will come into effect from the start of new financi...
03 Apr, 2023, 05.28 PM IST
EPF withdrawals will be less taxing now. All about the big budget announcementWithdrawals from an EPF account before the completion of five years are currently taxable. TDS is not applicable if the withdrawal amount i...
04 Feb, 2023, 11.10 PM IST
TDS rate on EPF withdrawals reduced to 20% from 30% in Budget 2023 in these casesReduction in the TDS rate on EPF withdrawal will help individuals whose PAN is not updated with the records in the EPFO. Previously, the TD...
02 Feb, 2023, 12.11 PM IST
When does EPF withdrawal become taxable?Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain instances when EPF can become tax...
06 Dec, 2022, 01.15 PM IST
What is EPF scheme and how to calculate PF balance?The Employees' Provident Fund (EPF) is a scheme in which retirement benefits are accumulated. Under the scheme, an employee has to pay a ce...
04 Aug, 2022, 02.35 PM IST
ITR filing difficult for taxpayers whose EPF interest is taxable: EYBudget 2021 announced that if an employee's own contribution in the EPF account exceeds Rs 2.5 lakh in the financial year, the interest ear...
26 Jul, 2022, 08.22 AM IST
EPFO guidelines: How TDS on interest will be deducted if EPF contributions exceeds Rs 2.5 lakhEPFO has issued guidelines regarding when and how TDS on interest will be deducted if EPF contributions exceed Rs 2.5 lakh in a financial y...
11 Jul, 2022, 01.46 PM IST
TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid itIf an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be deducted at the highest slab rate o...
02 Mar, 2022, 03.54 PM IST
When does your EPF become taxable?How much you withdraw and when you withdraw from the Employee’s Provident Fund determines how much TDS will be levied on the same. Here are...
20 Jan, 2020, 12.38 PM IST
I quit my job to start a business. Can I keep the PF with the employer till retirement?No TDS will be deducted but you will have to declare the interest every year as income from other sources in your tax returns and pay tax a...
31 Dec, 2019, 12.00 PM IST
How to claim EPF online by linking UAN with AadhaarThe new Aadhaar linked 'composite claim form' can be used for availing benefits as under EPF Form 19, Form 10C and PF part withdrawals Form...
12 Oct, 2018, 12.24 PM IST
Will I continue to earn interest on EPF after leaving my job and will it be tax free?Assuming your age is less than 58 years, your account will continue to earn interest. However, the interest earned in this account will be ...
30 Jul, 2018, 06.30 AM IST
Withdrawing EPF? You don't need your employer's signature anymoreThis facility will be available to all those subscribers whose UAN is activated and seeded with the KYC details like bank account and Aadha...
05 Oct, 2016, 03.12 PM IST
Where TDS is applicable and how to avoid itCleartax.in lists the incomes and transactions on which TDS is applicable and how one can avoid it.
22 Feb, 2016, 08.51 AM IST
Four keys to unlock your EPF before its timeThe Finance Ministry is now reconsidering the Budget provision to impose TDS on premature provident fund withdrawals of Rs 30,000 or more.
27 May, 2015, 10.31 AM IST