No Tags Found!

Anonymous
1

Respected Sir/Mam,
Please suggest that is it mandatory for an employee to submit Form 15G at the time of PF withdrawal Offline & In form No.19 if I mention PAN number still form 15 G is compulsory (There is conditions if amount is less than 50000 no need of form 15G and other case if service is less than 5 years form 15G mandatory) so not clear about this so please guide.
Thanks & Regards,
S.P.Sharma

From India, Kolhapur
winston19
17

Dear S P Sharma
Cases when 15G is not required
1) Less then 50,000 contribution
2) More the 50,000 contribution but more then 5 years contribution.
Note: pan card required in 2nd case
Cases when 15 required
1) More then 50,000 Contribution with less then 5 years contribution
Note: Pan Card required in 1st case.
For information: If pan card not provided the 30% tax will be applicable
Regards
Winston D'souza

From India, Panjim
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.