Asst. Manager
Pvt Service

Dear All,
I had served my last job till 02/06/18 since 01/02/12. I have completed 6 years of my service. For name mismatch my PAN no is not verified but Aadhar has been verified. If I withdraw my full PF amount will it be affected? Will tax be deducted? Is it possible to withdraw full PF amount without PAN verification?
Kindly reply & help me to resolve the matter
Thanks & Regards
Dear Shib
Let me put it this way, Pan card is not compulsory but if you do upload only 10% tax will be applicable and if u don't then 33% tax will be applicable.
Winston D'souza
Dear Winston Sir,
I have talked to my previous company HR regarding this matter but she is saying that if aadhar is verified in PF a/c then PAN is not require. Is there any solution that 33% tax will not be deducted from my PF a/c?
Thanks & Regards,
If the PF amount is less than Rs.50,000/- No TDS will be deducted and After 5 years of service, even the amount is more than Rs. 50,000/- No TDS will be deducted. Previously the amount is Rs. 30,000/- Now it is revised to Rs.50,000/- I attached TDS flowchart for your reference.

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Dear Shib
Aadhaar has nothing to do with with TDS. TDS is related to the Income Tax Act.
You can go by the information provided by Anonymous but as a precautionary measure its always good to provide the same.
But then again the decision is yours not the companies.
Winston D'souza
Dear Sirs,
Thanks for your kind suggestion.
Thanks & Regards,
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