Is Form 15H Really Necessary for PF Withdrawal? Seeking Advice on Filling Forms 15G and 15H

Is Form 15H mandatory for PF withdrawal? Please advise. I want to withdraw my PF. My employer has sent me both Form 15G and Form 15H to fill up.

Hi Buddy,

It is mandatory provided:

I) If you are withdrawing less than Rs. 30,000, there is no TDS, hence no need for Form 15G/H.

II) If you are withdrawing more than Rs. 30,000 and have been a member of PF for less than 5 years, then you have to submit Form 15G/H along with PAN to avoid TDS.

III) If you are withdrawing more than Rs. 30,000 and have been a member of PF for more than 5 years, then there is no TDS, hence no need for Form 15G/H.

With Regards,

Mr. Thumbs UP