Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Anonymous
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
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
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™