Hi, Does anyone know if I need to declare only for the investments made in the current Assessment Year or does it have to be the past investments too? Please suggest. Thanks!
From United States, Lincolnshire
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4From United States, Lincolnshire
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I don't know how much my final PF payment would be. Also, I have withdrawn an FD in May 2015 and earned an interest of around 10000. Additionally, I have 3 mutual funds that I invested in 2011 which are still operating in the market.
Currently, I am unemployed. I worked from April 2014 till January 2015, and the total income that I received from my salary during this period is 93000. Now, please suggest how I should provide these details in Form 15G in order to withdraw my PF.
From United States, Lincolnshire
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Currently, I am unemployed. I worked from April 2014 till January 2015, and the total income that I received from my salary during this period is 93000. Now, please suggest how I should provide these details in Form 15G in order to withdraw my PF.
From United States, Lincolnshire
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These details are not required to be furnished in Form 15G. You need to determine your PF amount and enter that figure in the appropriate column of the form. I believe your income will not exceed the taxable limit. Therefore, once you confirm this fact, proceed to submit Form 15G when you are certain that your total income is not taxable.
Your mutual fund investments are not considered for tax purposes.
From India, Pune
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Your mutual fund investments are not considered for tax purposes.
From India, Pune
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Your employer's contributions + the accumulated interest amount will be taxed as “profits in lieu of salary”. Interest accumulated on your (employee) contributions will also get taxed under the Head “Income from other sources”
Withdrawal amount of employees share of EPF ,will will be aded to your salary.
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From India, Pune
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Withdrawal amount of employees share of EPF ,will will be aded to your salary.
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From India, Pune
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Vnhetanima,
Refer to this link: [Download Form 15G & 15H in Excel/Word format with FAQs](http://taxguru.in/income-tax/download-know-and-faq-on-form-15g-form-15h.html)
I hope this helps! Let me know if you need further assistance.
From India, Pune
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Refer to this link: [Download Form 15G & 15H in Excel/Word format with FAQs](http://taxguru.in/income-tax/download-know-and-faq-on-form-15g-form-15h.html)
I hope this helps! Let me know if you need further assistance.
From India, Pune
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I want to withdraw my PF as I am leaving job. I want to know that PF withdrawl in July 2015 will contribute to which financial year?
From India, Bangalore
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From India, Bangalore
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Date of drawal of Provident Fund.Jul 15 it will be added to income of Financial year 2015-16 assessment year 2016-17. I hope your doubt is cleared.
From India, Pune
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From India, Pune
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Hi, I left my job 3 months ago and am currently not working. I have applied for PF withdrawal and submitted forms 19 and 10C to my employer. However, he sent them back, stating that form 15G was missing. My PF balance is over 3 Lakh. Do I still need to submit form 15G? I do not have any other savings or investments. If it is necessary to submit form 15G, please guide me as I am unsure about many columns in that form. Thanks in advance.
From India, Hyderabad
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From India, Hyderabad
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