Dear Sir, First of all Thank you very very much. I filled form 15G as per your guidance in above VDO. You have done very hard work to prepare this very usefull VDO. After filling form 15G for EPF withdrawal, I received My claimed amount on 13th day, (including all days of week) . I received claimed amount WITHOUT CUTTING A SINGLE RUPEE.....I thank you very very much for outstanding & very very helpfull VDO.
I am glad this video helped you and thank you for this appreciation comment. There are very few viewers who write feedback after getting the benefit. Keep supporting and stay connected
I really found your video very informative and you explained it in a layman's language so that everyone can understand. I work in real estate and filling up form 15 G/H was very challenging. Just few more points i think you should include are: 1. What are the kind/type of other income that has to be added in point 17 2. Want more clarity in point 18, if its N/A then is it right to fill number of forms filled as point 18 very clearly mentions " Details of forms filled other than this form in P.Y" 3. Also tell viewers than there are two kind of forms 15G and 15H. So 15G is for valid for people below 60 yrs and 15h for above 60 yrs. This is very confusing for people who have no idea of what these forms are. Its important point to mention the difference 4. If somebody is watching your video in F.Y. 2020-21, then how to fill P.Y ending on and A.Y I feel if you include these points, your video will be perfect.
Dear Sir, thank you so much for your video. I have done the process successfully after watch your video. PF and Pension Fund balance I have withdraw successfully and credited in my bank account. Thanks again to you for this video.
Thanks Sir,Uploading such knowledgeable videos. I claim my EPF withdrawal via watching your guidance. I received without cutting any TDS amount. Thanks for saving my thousands rupess. its really very helpfull videos.
Dear Sir, Your explanation was succinct and with the help of your video I have submitted my claim form successfully. Thanks for making this to the point.
Hello Tax Guruji... There is a correction on Item 17. The total income for the year need to be mentioned where the tax liability is Zero. As per IT act upto Rs 5lakhs for salaried employees is exempt of tax. So if my net income after all deduction plus pf withdrawal is less than 5 lakhs, that figure needs to be written. For example pf withdrawal is 150,000 and net income for the year is 300,000. Then item 17 should be 450,000.
Hi I have a doubt for column 17, should i include my salary i got from april 2023 to aug 2023 (excluding the deductions of pf etc), my last working month was august
@@rajeshrama2448 same here i have the same doubt as well. I left my job on may 2023. Do i have to include all the salary amount from month of jan to month of may?
Dear Sir, Thank you 🙏very much for a wonderful video you have made pertaining to filling of Form 15 G.Thank you for wonderful effort. I am going to claim my PF settlement and hope this video will help me a lot. I appreciate your way of presentation which a layman can understand well. Thank you...
Sir, i really thanking you for the video covering all aspects of filling the form So much informative....touching and clarifying all points where mistakes/omissions can happen. Very superb,...you are so fast in communication but anyone can understand.
The video was really awesome Just have one query like if my total service period is less than 5 years and Total PF withdrawal amount is more than 50000 and I belong to 5% Income tax slab then what should I mention in form 15 G Please reply
Hi.Thank you for the video it's very useful. Have a question. In 17 column we need to include of amount with other income. (The other income includes salary for that financial year or any income other than salary.
Very Useful Video while someone wants to Withdraw amount from EPFO account , i just followed the instructions which was given in the above Video And My Claim got settled with in 10 Days From The Applied day With out any Deduction. Thank you ☺️...
Sir, thank you so much for this important informative video regarding form 15g. It will help a lot for a poor employee like me. I have no doubt regarding possible tax deduction if pf amount is above 50k and having employment period of less than 5 years collectively. However, I got one confusion. As per the form sample you used here, it indicated form filing date as 7/18/2019. I supposed you used the date format in mm/dd/yyyy? Plz clarify. Also, incase, if the filing date is sometime in 2019, won't the previous year ending and relevant to the assessment year be 31st march 2019 and 31st march 2020 respectively in declaration/verification section?
Sir its very good, informative vdo... I hv a query 1)I had work 14years, 2)pf amount is 2.00lac nd pantiond amount is 73k(more than 50k.) What to do for 15g have to fill or not sir???
Thanks a lot Himanshu. You need not to fill form 15G as your total service is more than 14 years hence TDS will not be applicable while PF withdrawal as per PF rules.
@@TaxGuruJi sir ji my 1st company is more than 8 years and last company is 8 months total 9.2 years in same UAN no. But their is break within. Do I need to submit form 15G
First of all, thank you for such an informative and detailed video. Your videos are always self-explanatory and easy to follow. I have a query, regarding whether my tax would be deducted : I have a total income of 4 lakh and 10 thousand for the assessment year 2020-2021 which include the Provident fund amount as well. My question is will the tax be deducted after claiming the PF amount even after filling the form 15g. My service is less than 5 years and the PF amount is 1 lakh and 4 thousand. Awaiting your response @Tax Guru Ji Much thanks
@@VikashSharma Thank you for a detailed video. I have a query, my total service is 9 yrs and my PF amount is 4,30,000 will my tds be deducted after putting 15G
Hello Sir Thank you so much for such a nice video. I have three questions to clear my doubts. 1- Suppose we have 80,000 in our PF balance and as per govt latest guidelines we can withdraw up to 75% of our PF amount. So, what amount should we write in Column 16? 80,000 or 75% of 80,000 2- Do we need to write CTC+ PF amount in Column 17, or just basic + PF or In hand salary+ PF? Suppose if someone's CTC is 3.8 lakh and in hand 2.9 lakh. So, what amount should be mentioned in Column 17? 3- What amount should be written in the last box of column 19? If you have made any latest video to withdraw PF based on Covid 19 lockdown scenario. Help me with the link. Thanks and regards Mohammad Areeb Please help me in this.
@@TaxGuruJi Hi I left my job on may 2023. This month would be more than 3 months of being unemployed. Am i eligible for 100% Withdrawal? Do i also have to mention the salary i have received so far from jan 2023 to may 2023 in field 17?
Respected sir, Should I fill the form 15G while my amount is more than 50 thousands and my working years is more than 5 year? Please reply sir Thank you so much for your help. 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
@@dkalyan9868 and if you are not feeling safe from tds you can fill 15G, on filling form 15G no tds will apply. Lot of people fill 15G it doesn't matter how much amt you have and for how long did you worked.
@@VikashSharma tq for U r reply bro very tqfull actually my mother 20years service and 97222/-rupees should I fill or not u said clearly I understood say
thank you. after watching your vedio i undrestood clearly how to claim .now i can apply with no doubts. steps, eligibility, required scanned copy of, process, i think all well explained. i hope i get claim amount soon. your contribution great help to others.
sir mere questions hai:- 1. saving account se agar hm apne proprietor firm me paisa (eg 5000) transfer krte hai aur use wapas usi saving account me transfer krte hai to kya wo transaction same PAN ki tereh treat hogi? , usme koi tax(income tax ya gst) ya audit ka chakkar hoga?? 2. agar mujhe business transaction krni hai ONLINE through debit credit card from my firm debit card lekin kisi tereh main nhi kr pata hu, to.main kya apna saving bank account se payment kr skta hu agar firm aur saving bank same PAN pr hai ?? aur emergency case me friend k thru b kr skta hu ??,, kya gst ko is se kuch lena den hota hai, ki payment kaun se account se aaya hai??isme offline payment ka b btaiye , kya proprietor apne SAVING bank account se cheque isse kr skta hai agar apni firm k basis pr kisi ko payment krna hai emergency me lekin firm account me itna paisa nhi hai . 3. proprietorship me monthly quarterly returns k alawa aur kaunsi formality krani hoti hi , agar 20 lakh se km hai , ya kahiye abhi koi income.nhi ho , export import related firm hai
For Column 18, i have filled Form 15G for PF and it is rejected. Am applying again. Do we need to mention it as filed earlier or not since it is not claimed?
Dear Sir, I have resigned from job in July 2019 and my total job period was of 4 years. My epf amount is more than 1.5 LACS. In my case column 17 of form 15G is around 1.5 Lacs. Is it necessary to fill form 15G in my case?
TILL july 2019 uptil now i didnt do any job or income in my case. how to save my tds ?
Dear sir, when I had applied for the pf withdrawal my passbook amount was showing less than 50k so I didn't filed the form 15, however after a few days of applying for withdrawal my passbook got updated the total amount went above 50k. Yesterday I received the message from pf department which says that my TDS has been deducted from the amount and rest amount will be credited to the bank account. Now sir is there any procedure through which I can get back my deducted amount?
Vinod ji you can take help of this video for refund of TDS deducted on PF withdrawal czcams.com/video/bbZXEBtPB18/video.html&lc=UgwBEQqheeQR4eYCDsh4AaABAg
Very nice video with neat and clear explanation. U have included every stuck points for the process and provided solution with detailed path. Great work
I left my last company in sept 2019 and unemployed since then however my overall experience is 12.6 years. I would like to withdraw my entire amount for which will refer your other video. So i am not supposed to fill any 15G form ....just want to be double sure.
@@TaxGuruJi but if one works continuosly for more than 5 years in same company, then he can still submit the 15G form and futher deductions will not happen. Correct me if I'm wrong and please do reply :-)
Sir I completed 10 yrs job .when I am withdrawing pf online than there is form15 upload section. I have to upload or not.pls clarify. And my pf contribution is 8.5 yrs can I withdraw pension amounts
Apko ending year 2020 or 2021 dalna hoga or niche ek declaration section hai usme ap ending year me 31 march 2021 or assessment year 31 st march 2022 dalna hoga I hope this information will help you
@@zackpandey9053 Hi Akash. I want to know that you left job in Oct 19 and you filled form in April 2020, then what did you write in coloum 17(Estimated income) as new financial year began in March 20. Thank you
Dear sir, your video is very informative. I thank you for making such videos to help common people like me. My service is more than 10 years but still I'm asked for form 15g while applying for PF withdrawal. Should I provide it or not
Hi, Thanks for making this video and the PF withdrawal process as well. They are indeed very simple to follow and very helpful. I have a question regarding NRI citizens, what would be the process for them to prevent TDS on EPF claim. Does 15G is still required for them as well? What could be the best way and easiest way to tackle tax deduction in such cases? Looking forward to your guidance. Thanks
You are welcome Manik ji. As per income tax rules, an NRI can not take benefit of form 15G. In your case, you need to file an income tax return to get the refund of TDS deducted on the PF withdrawal amount.
Hi Sir, Thanks for the information. One more thing could you help me provide the list of documents I would be required for filing income tax return since I only have income from pf claim and not other sources and would there be a need to have NRE/NRO account in order to withdraw those funds or just regular savings account would be alright. Further my pf claim is within the tax exemption limit of INR 2.5L
Nice video : I have a question .. I have resigned in September 2019 and My total PF is 53000 and my salary was 5lac p.a, will there be any deduction if I upload 15 G as well ?
Yamin if your total service is less than 5 years as per EPFO then TDS will be applicable as PF is more than Rs. 50000. The same is clearly explained in the video itself.
@@kirtisharma8759 Kirti ji, his salary was 5L P.A. and clearly explained in the video itself that this is a declaration that your annual income is below taxable limit i.e. Rs. 2.50 lakh. He is not eligible for form 15G as per his income.
Hello sir if I make 4 lakh FD in different bank saving account with 1 lakh each ( 4 lakh in 4 part 1 lakh ) Can I save tax from FD I get yearly FD interest is 6.70% on 1 lakh total is 23 thousand on 4 lakh ???
सर मेरे नानाजी की age 60 साल से ऊपर है PF निकलवाना है 16 कॉलम में 60000 रुपये भर दिया है उनका रिटायरमेंट हो गया है कोई भी income नहीं आती है सिर्फ बैंक अकाउंट में पेंशन आती है तो 17 कॉलम में क्या भरना पड़ेगा Please help me sir
@taxguruji Thank you for the detailed video, this is so beneficial. I have a question. How "years of service" is calculated by EPFO. I worked for 9 year starting Mar 2010 to April 2019 during that time I changed 4 companies. The initial 2 company where I worked for 5 years I had old PF accounts are not linked to my UAN. If my years of service is calculated based on UAN then I will have to pay 10% TDS. ISO, can you please clarify me regarding "How years of service is calculated"? Appreciate your response on this.
Same issue for me as well!! After transferring the balances to latest employer from all old employers, my continuous service is more than 10 years, but portal is considering my latest employer joining and end date (during withdrawal process) which is less than 5 years and hence asking for form 15G ? Whereas ideally it should not ask for form 15G as no TDS is applicable for more than 5 years of service. Do let me know if your issue got resolved?
The table below 18th point (Previously filled Form 15G) appears to be wrong it should be NA under Total no. of Form 15G filled as the table itself is a part of the 18th point
I worked until June 2022 and earned a monthly salary of 45k. However, I have been unemployed since then and am now planning to withdraw my PF amount. Would it be necessary for me to fill out a Form 15G?
Dear @Mukesh kumar. agr office wale aapki request accept ni kar re h to. aap PF ki site khol ke usme grivience ka option aayega. usme write down kr do. 2 din me solution ho jayega. aapke office wale ghar pr aake reqst accept b krenge. or aap se maafi b mangege. or agr isse b kam ni bnta h to..online CM portal ki site khol ke usme detail daal do with your UAN no. or sb likh do. 1 din me kam ho jayeg bro. kyuki same thing mere sath b thi bhai.
The video is as complicated as the process.. I think all those who have understood and given reviews saying it's simple are already from finance background... A layperson like me, won't understand anything... And from where did you get the PF number ??.. No where in my account anywhere PF number is mentioned only the UAN id and the member id...
Very helpful video Sri. Tq very much. Please clarify this sir - The amount mentioned Rs. 1,50,000/- is included both PF amount and Pension or only PF amount?
Hi, Video is very informative and explained very clearly. my friend has completed 20 years and my PF amount is 20lac. He need to fill-up 15G form or not. TDS is applicable for the mentioned amount?
Hello, I have a query. If my PF amount is 40k and i have worked for about 17 months in a company. and my salary is nontaxable as well. Do I still have to fill 15g form? kindly do let me know. Thank you for explaining the details so well.
Dear Sir, I worked in two companies. In first one from 10.02.2011 to 20.07.2021 and in second one from 23.07.2021 to 06.11.2021. I left the second job and now want to withdraw PF which is more than Rs 50000/-. Kindly confirm whether I need to fill Form 15-G to avoid 10% TDS.
Hello Sir, I filled the form as per your instructions and while I tried to upload it in the EPF portal in the "Claim Section" there is no section where i can upload the 15g form.
Thank you so much for the information provided in this video as well as in PF withdrawal process video. I have a doubt - If income limit is more than 2.5 lakh can the person fill this form???
According to income tax rules one can not fill this declaration if income is more than 2.50 lakh but now a days EPFO is rejecting PF claiming in absense of form 15G. So you should submit it irrespective of your income.
Dear Guruji, a reply would be helpful, I worked til sept 2019. My annual package was around 3.3 pa from June 2018- til sept 2019 so i don't have to fill form 15G right as i fall in taxable slab and tds will be deducted as usual ?
Vdo is useful..bt the dates u mentioned here...I can't understand...at no.4 u filled 19-20year Then at delaration u filled previous year 20, relevant year21 n again at d place of date u give the date of 2019.how it can be possible??
Thank you so much for explaining . I have a unique doubt . I joined Air India in 1993 and was putting money in Trust PF of Air India . After privatisation, our money was transferred to EPFO eff 01 Dec 2021. I took Voluntary retirement on 31.03.2022 after completing 29 years of service. But since my EPFO membership is only 4 months how will I apply for TDS exemption as as per EPFO records my service is less than 5 years . I have a substantial amount in PF . So will filling 15G help . Please help me as no one seems to know the answer
Sir, I am little confused with column 17, I resigned on 16th July'20, so how should the amount be calculated? Do I have to add my salary from April to July'20 to my PF?
Thank you for making it far understanding and relevant I just have one question about this form 15 G. What should I write in column no 4 , as I am applying in 2023 for the pf of 2022.
Hello Sir, thank you for the video. As you mentioned if an individual has more than 5 years of service then form 15g is not required. In my case, my total years of working is more than 10 years and in my previous organization, I worked for 2.3 years, So in this case should I upload form 15g? please suggest.
16. Under Part 1: Do we have to enter the total PF amount without interest? My total PF amount is just below Rs. 50,000. But the interest is making the total PF amount go over Rs. 50,000. This is why I have to fill up form 15G. Please help.
Dear Sir, First of all Thank you very very much. I filled form 15G as per your guidance in above VDO. You have done very hard work to prepare this very usefull VDO. After filling form 15G for EPF withdrawal, I received My claimed amount on 13th day, (including all days of week) . I received claimed amount WITHOUT CUTTING A SINGLE RUPEE.....I thank you very very much for outstanding & very very helpfull VDO.
I am glad this video helped you and thank you for this appreciation comment. There are very few viewers who write feedback after getting the benefit. Keep supporting and stay connected
Did you download form 15G from below the link?
Yes/no
Please me because i have downloaded new form of 15G
You can use new format
@@TaxGuruJi thanks your format is easy. I got it from ITD WEBSITE
You are welcome
I really found your video very informative and you explained it in a layman's language so that everyone can understand. I work in real estate and filling up form 15 G/H was very challenging. Just few more points i think you should include are:
1. What are the kind/type of other income that has to be added in point 17
2. Want more clarity in point 18, if its N/A then is it right to fill number of forms filled as point 18 very clearly mentions " Details of forms filled other than this form in P.Y"
3. Also tell viewers than there are two kind of forms 15G and 15H. So 15G is for valid for people below 60 yrs and 15h for above 60 yrs. This is very confusing for people who have no idea of what these forms are. Its important point to mention the difference
4. If somebody is watching your video in F.Y. 2020-21, then how to fill P.Y ending on and A.Y
I feel if you include these points, your video will be perfect.
Yes , agree
As far as I searched, No one else has explained in depth about this matter other than you. Kudos! Thanks dear.
Because of your help,we saved 500rs just to fill this form 15g, very nice explained video
Thank You Sir Apki Video Dekh Form 15g bhara aur ek baar mai Claim Settle ho gya aur next Day credit bhi ho.gya amount
Thank you Sir Again🙏🙏
Dear Sir, thank you so much for your video. I have done the process successfully after watch your video. PF and Pension Fund balance I have withdraw successfully and credited in my bank account. Thanks again to you for this video.
For No.16. Estimated income for which this declaration is made?
Did you put pf + pension total amount or just pf amount?
Kindly reply
Paise kitne din me aa jate hai ?
Thanks Sir,Uploading such knowledgeable
videos. I claim my EPF withdrawal via watching your guidance. I received without cutting any TDS amount. Thanks for saving my thousands rupess. its really very helpfull videos.
Hello kya amount 50000 k niche h to form 15g fill karna h ya nhi.
@@dhirajmaurya4840 nahi
Dear Sir,
Your explanation was succinct and with the help of your video I have submitted my claim form successfully.
Thanks for making this to the point.
Hello Tax Guruji... There is a correction on Item 17. The total income for the year need to be mentioned where the tax liability is Zero. As per IT act upto Rs 5lakhs for salaried employees is exempt of tax. So if my net income after all deduction plus pf withdrawal is less than 5 lakhs, that figure needs to be written. For example pf withdrawal is 150,000 and net income for the year is 300,000. Then item 17 should be 450,000.
Hi I have a doubt for column 17, should i include my salary i got from april 2023 to aug 2023 (excluding the deductions of pf etc), my last working month was august
@@rajeshrama2448 same here i have the same doubt as well. I left my job on may 2023. Do i have to include all the salary amount from month of jan to month of may?
Thank you so much sir Actually I was really worried how to fill this form . Now it's clear . Thank you so much once again❤❤🙏🙏
Kitha na saral se samjadhiya Aap ne.
THANKS A LOT OF SIR ❤👌👌👌👌👌👌🙏🙏🙏🙏🙏
Dear Sir,
Thank you 🙏very much for a wonderful video you have made pertaining to filling of Form 15 G.Thank you for wonderful effort. I am going to claim my PF settlement and hope this video will help me a lot. I appreciate your way of presentation which a layman can understand well.
Thank you...
Sir, i really thanking you for the video covering all aspects of filling the form So much informative....touching and clarifying all points where mistakes/omissions can happen. Very superb,...you are so fast in communication but anyone can understand.
The video was really awesome
Just have one query like if my total service period is less than 5 years and Total PF withdrawal amount is more than 50000 and I belong to 5% Income tax slab then what should I mention in form 15 G
Please reply
Yes, Sir now I will apply for form 15g. Following your said advice. Thank you so much, Sir.
You are welcome
Thank you so much for such a detailed step by step demonstration. I filled my claim successfully because of this.
In 16 column are you sure that we have to mention only PF amount , without adding pension amount,
Yes for pension withdrawal no 15G is required
Dear Tax Guru ji,
My total PF amount is less than 50k (actually amount+pension).do I need to fill and upload the 15G form to avoid any deductions?
Thanks alot for the wonderful step by step information got my pf in 13 days irrespective of multiple holidays✌
Very well explained. Only one suggestion - we can write assessment year in declaration part as 2020-21.
Hi.Thank you for the video it's very useful. Have a question. In 17 column we need to include of amount with other income. (The other income includes salary for that financial year or any income other than salary.
mera bhi yaho questions hai
Sir, I have added pf ammount + pension ammout in the form 15G.
Will it be rejected ...?
Very Useful Video while someone wants to Withdraw amount from EPFO account , i just followed the instructions which was given in the above Video And My Claim got settled with in 10 Days From The Applied day With out any Deduction.
Thank you ☺️...
Very very Informative video💯and the video which don't have dislikes.. Respect 🎉🎉
Thank you so much
Thank u so much for the detailed session.. it helped me a lot
Sir, thank you so much for this important informative video regarding form 15g. It will help a lot for a poor employee like me. I have no doubt regarding possible tax deduction if pf amount is above 50k and having employment period of less than 5 years collectively. However, I got one confusion. As per the form sample you used here, it indicated form filing date as 7/18/2019. I supposed you used the date format in mm/dd/yyyy? Plz clarify. Also, incase, if the filing date is sometime in 2019, won't the previous year ending and relevant to the assessment year be 31st march 2019 and 31st march 2020 respectively in declaration/verification section?
Thank you for the valuable information it is really helpful 👍
I appreciate your efforts sir, you made video very helpful and to the point. I was able to apply my EPF by referring to your Video. Thanks Sir.
Genuine Heartly Thank you so much for this information.
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Ruchika no channel is best. Every channel is unique and has its own quality
Tax guru ji
Incredible video
Very helpful video.
All details covered.
Thanks for this video. My pf got settled in 6 days.
Your way of teaching is mind-blowing 🔥🔥🔥
if PF+Pension is more than 50k and duration is less than 5 years to kya Form 15G fill krna hai ?
Nhi bhai
My PF+ Pension is below 50k n i have worked for a year only wt did u do?
Thank you sir. Your video helped me to remove my pf amount and it received within 4 days.
Sir, your video was very helpful but i am not able to understand what is the other income that you added to your PF amount
Sir its very good, informative vdo...
I hv a query
1)I had work 14years,
2)pf amount is 2.00lac nd pantiond amount is 73k(more than 50k.)
What to do for 15g have to fill or not sir???
Thanks a lot Himanshu. You need not to fill form 15G as your total service is more than 14 years hence TDS will not be applicable while PF withdrawal as per PF rules.
@@TaxGuruJi thank u for the information.
You are welcome
@@TaxGuruJi but without 15g claim is not processed its getting rejected , i have done 3 times
@@TaxGuruJi sir ji my 1st company is more than 8 years and last company is 8 months total 9.2 years in same UAN no.
But their is break within. Do I need to submit form 15G
First of all, thank you for such an informative and detailed video. Your videos are always self-explanatory and easy to follow.
I have a query, regarding whether my tax would be deducted :
I have a total income of 4 lakh and 10 thousand for the assessment year 2020-2021 which include the Provident fund amount as well. My question is will the tax be deducted after claiming the PF amount even after filling the form 15g.
My service is less than 5 years and the PF amount is 1 lakh and 4 thousand.
Awaiting your response @Tax Guru Ji
Much thanks
Dear, on filling form 15G and link latest update of your PAN, no tds will deduce
@@VikashSharma my service is more than 5 years in the same company and my pf amount is 96000 will my tds be deducted even after putting form 15G
@@shikharouniyar1815 NO, you are safe
@@shikharouniyar1815 ⚠️ but your pan card must be updated on epfo site
@@VikashSharma Thank you for a detailed video. I have a query, my total service is 9 yrs and my PF amount is 4,30,000 will my tds be deducted after putting 15G
धन्यवाद श्री मान जी, बहुत ही अच्छी तरह से आपने समझाया है।
Great video 👌 If we are filling the form in March 2022, what should we write in the previous year section?
Hello Sir
Thank you so much for such a nice video. I have three questions to clear my doubts.
1- Suppose we have 80,000 in our PF balance and as per govt latest guidelines we can withdraw up to 75% of our PF amount. So, what amount should we write in Column 16?
80,000 or 75% of 80,000
2- Do we need to write CTC+ PF amount in Column 17,
or just basic + PF
or In hand salary+ PF?
Suppose if someone's CTC is 3.8 lakh and in hand 2.9 lakh. So, what amount should be mentioned in Column 17?
3- What amount should be written in the last box of column 19?
If you have made any latest video to withdraw PF based on Covid 19 lockdown scenario. Help me with the link.
Thanks and regards
Mohammad Areeb
Please help me in this.
You can put 80000 but they will provide as per your eligibility and other details you can put on an estimate basis don't try to be that much precise.
@@TaxGuruJi Thanks for your response Sir.👍👍👍
@@TaxGuruJi Hi I left my job on may 2023. This month would be more than 3 months of being unemployed. Am i eligible for 100% Withdrawal? Do i also have to mention the salary i have received so far from jan 2023 to may 2023 in field 17?
Respected sir,
Should I fill the form 15G while my amount is more than 50 thousands and my working years is more than 5 year?
Please reply sir
Thank you so much for your help.
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Same problem say sir
@@dkalyan9868 no need to fill 15G if your amt is More than 50k and working year is more than 5 year
My problem solved brother.
@@dkalyan9868 and if you are not feeling safe from tds you can fill 15G, on filling form 15G no tds will apply.
Lot of people fill 15G it doesn't matter how much amt you have and for how long did you worked.
@@VikashSharma tq for U r reply bro very tqfull actually my mother 20years service and 97222/-rupees should I fill or not u said clearly I understood say
And wht u done bro with same problem have u withdraw or not
Thank you for the video. My claim settled in 10 working days without any tds deduction.
thank you. after watching your vedio i undrestood clearly how to claim .now i can apply with no doubts. steps, eligibility, required scanned copy of, process, i think all well explained. i hope i get claim amount soon. your contribution great help to others.
Sir, Given inform is very usefull and in very correct manner.
Thanks
Sir, Given inform is very usefull and in very correct manner.
Muje bhi sikhawo plz
Apna no send karo
sir mere questions hai:-
1. saving account se agar hm apne proprietor firm me paisa (eg 5000) transfer krte hai aur use wapas usi saving account me transfer krte hai to kya wo transaction same PAN ki tereh treat hogi? , usme koi tax(income tax ya gst) ya audit ka chakkar hoga??
2. agar mujhe business transaction krni hai ONLINE through debit credit card from my firm debit card lekin kisi tereh main nhi kr pata hu, to.main kya apna saving bank account se payment kr skta hu agar firm aur saving bank same PAN pr hai ?? aur emergency case me friend k thru b kr skta hu ??,, kya gst ko is se kuch lena den hota hai, ki payment kaun se account se aaya hai??isme offline payment ka b btaiye , kya proprietor apne SAVING bank account se cheque isse kr skta hai agar apni firm k basis pr kisi ko payment krna hai emergency me lekin firm account me itna paisa nhi hai .
3. proprietorship me monthly quarterly returns k alawa aur kaunsi formality krani hoti hi , agar 20 lakh se km hai , ya kahiye abhi koi income.nhi ho , export import related firm hai
Tax practitioner se sampark kare
For Column 18, i have filled Form 15G for PF and it is rejected. Am applying again. Do we need to mention it as filed earlier or not since it is not claimed?
Thank you so much for this video..it has helped me a lot and finally I received my amount..but I hv not received full pension amount
Dear Sir,
I have resigned from job in July 2019 and my total job period was of 4 years. My epf amount is more than 1.5 LACS. In my case column 17 of form 15G is around 1.5 Lacs. Is it necessary to fill form 15G in my case?
TILL july 2019 uptil now i didnt do any job or income in my case. how to save my tds ?
Yes
Dear sir, when I had applied for the pf withdrawal my passbook amount was showing less than 50k so I didn't filed the form 15, however after a few days of applying for withdrawal my passbook got updated the total amount went above 50k. Yesterday I received the message from pf department which says that my TDS has been deducted from the amount and rest amount will be credited to the bank account.
Now sir is there any procedure through which I can get back my deducted amount?
Vinod ji you can take help of this video for refund of TDS deducted on PF withdrawal czcams.com/video/bbZXEBtPB18/video.html&lc=UgwBEQqheeQR4eYCDsh4AaABAg
Thanks sir you did a great job for me lots of love may your channel grow as far to help others like that..
Very nice video with neat and clear explanation. U have included every stuck points for the process and provided solution with detailed path. Great work
I left my last company in sept 2019 and unemployed since then however my overall experience is 12.6 years. I would like to withdraw my entire amount for which will refer your other video.
So i am not supposed to fill any 15G form ....just want to be double sure.
Yes Deven ji as per PF rules you are not required to submit form 15G while claiming PF withdrawal
@@TaxGuruJi but if one works continuosly for more than 5 years in same company, then he can still submit the 15G form and futher deductions will not happen. Correct me if I'm wrong and please do reply :-)
Sir I completed 10 yrs job .when I am withdrawing pf online than there is form15 upload section. I have to upload or not.pls clarify. And my pf contribution is 8.5 yrs can I withdraw pension amounts
Hi sir
I want to ask a question if I left my job in oct 2019 and now in April 2020 so previous year me main 2019-20 likhu ya 2020-2021
Yes ending year march tak ka hota hai uske bad next financial year on ho jata hai
Apko ending year 2020 or 2021 dalna hoga or niche ek declaration section hai usme ap ending year me 31 march 2021 or assessment year 31 st march 2022 dalna hoga I hope this information will help you
Thank u sapna but u r lit bit late in replying I already got my money 3 months back
@@zackpandey9053 Hi Akash. I want to know that you left job in Oct 19 and you filled form in April 2020, then what did you write in coloum 17(Estimated income) as new financial year began in March 20. Thank you
@@sapnavlog142 I am applying bon feb 2021. kindly guide what will be my Year endeing year and year ending date and Assesment year. Kindly reply soon.
Dear sir, your video is very informative. I thank you for making such videos to help common people like me. My service is more than 10 years but still I'm asked for form 15g while applying for PF withdrawal. Should I provide it or not
Dear, very good , after long time found a useful video on you tube.... kudos to you and best of luck.
Hi, Thanks for making this video and the PF withdrawal process as well. They are indeed very simple to follow and very helpful. I have a question regarding NRI citizens, what would be the process for them to prevent TDS on EPF claim. Does 15G is still required for them as well? What could be the best way and easiest way to tackle tax deduction in such cases? Looking forward to your guidance. Thanks
You are welcome Manik ji. As per income tax rules, an NRI can not take benefit of form 15G. In your case, you need to file an income tax return to get the refund of TDS deducted on the PF withdrawal amount.
Hi Sir, Thanks for the information. One more thing could you help me provide the list of documents I would be required for filing income tax return since I only have income from pf claim and not other sources and would there be a need to have NRE/NRO account in order to withdraw those funds or just regular savings account would be alright. Further my pf claim is within the tax exemption limit of INR 2.5L
Manik ji kindly provide your email id so that I can share documents. You can avail our paid services for the smooth filing of your returns.
@@TaxGuruJi Sir, if I want to withdraw pension contribution through 10C amount 65000. In this case is form 15g mandatory
Nice video : I have a question .. I have resigned in September 2019 and My total PF is 53000 and my salary was 5lac p.a, will there be any deduction if I upload 15 G as well ?
Yamin if your total service is less than 5 years as per EPFO then TDS will be applicable as PF is more than Rs. 50000. The same is clearly explained in the video itself.
If you upload 15g form then tax will not deduct , Am I right sir ?
@@kirtisharma8759
Kirti ji, his salary was 5L P.A. and clearly explained in the video itself that this is a declaration that your annual income is below taxable limit i.e. Rs. 2.50 lakh. He is not eligible for form 15G as per his income.
My total PF amount is less than 50k (actually amount+pension).do I need to fill and upload the 15G form to avoid any deductions?
Your just awesome👏👏 tax guru ji
thanks
Hi I have completed 10 continuous years of service and the amount is more than 50k do I need to fill 15g for Pf withdrawl
No alfred if service is more than 5 years there is no need to fill form 15G. Your TDS will not be deducted at the time of PF withdrawal.
Hi alfred did u processed your PF successfull, please advise.
@@TaxGuruJi And then also we fill the form 15G then it will ok or no need to upload it only
Hello sir if I make 4 lakh FD in different bank saving account with 1 lakh each ( 4 lakh in 4 part 1 lakh )
Can I save tax from FD
I get yearly FD interest is 6.70% on 1 lakh total is 23 thousand on 4 lakh
???
Mr. Sandeep you are asking for saving TDS on Tax as both are different concepts
Thank you very much sir for clearly explaining how to fill this form. All other videos of yours's are very very helpful.
Thanking you Sir Aap Bhut acche Se Explain Karke Bttate ho 😇
सर मेरे नानाजी की age 60 साल से ऊपर है PF निकलवाना है 16 कॉलम में 60000 रुपये भर दिया है उनका रिटायरमेंट हो गया है कोई भी income नहीं आती है
सिर्फ बैंक अकाउंट में पेंशन आती है तो 17 कॉलम में क्या भरना पड़ेगा
Please help me sir
Yogendra ji aap form 15H use kijiye and 17 column me bhi same amount hi fill karna hoga agar our koi income nahi hai
Thanks a lot
@taxguruji Thank you for the detailed video, this is so beneficial.
I have a question. How "years of service" is calculated by EPFO. I worked for 9 year starting Mar 2010 to April 2019 during that time I changed 4 companies. The initial 2 company where I worked for 5 years I had old PF accounts are not linked to my UAN. If my years of service is calculated based on UAN then I will have to pay 10% TDS. ISO, can you please clarify me regarding "How years of service is calculated"?
Appreciate your response on this.
Same issue for me as well!!
After transferring the balances to latest employer from all old employers, my continuous service is more than 10 years, but portal is considering my latest employer joining and end date (during withdrawal process) which is less than 5 years and hence asking for form 15G ? Whereas ideally it should not ask for form 15G as no TDS is applicable for more than 5 years of service.
Do let me know if your issue got resolved?
Your work experience shows in pf dashboard
The table below 18th point (Previously filled Form 15G) appears to be wrong it should be NA under Total no. of Form 15G filled as the table itself is a part of the 18th point
I worked until June 2022 and earned a monthly salary of 45k. However, I have been unemployed since then and am now planning to withdraw my PF amount. Would it be necessary for me to fill out a Form 15G?
Sir, my Pf balance is 47000/- and Pansion is 22000/-. Do i need to file form 15g, pls guide me sir, Thank you
Same question yr
Mujhe bhi batao kya krna h
Same question sir pls reply
No., it is only required if the total amount is more than 50,000/-
@@amplifierhighwattage7696 brother i have take advance of 35k now my balance is 27k should.so should i mention 27k or 62k
Same question❓
Please reply
Sir mere pf transfer ki request employer accept nhi kr rha or current time me office bhi nhi h uska koi to sir me kaise kr skta hu pf transfer
Mukesh ji is case me PF department me sampark kijiye
Dear @Mukesh kumar. agr office wale aapki request accept ni kar re h to. aap PF ki site khol ke usme grivience ka option aayega. usme write down kr do. 2 din me solution ho jayega. aapke office wale ghar pr aake reqst accept b krenge. or aap se maafi b mangege.
or agr isse b kam ni bnta h to..online CM portal ki site khol ke usme detail daal do with your UAN no. or sb likh do. 1 din me kam ho jayeg bro.
kyuki same thing mere sath b thi bhai.
@@rahulkashyap6262 ji mere employer accept nhi kr rha h
Hello, Which amount I should mention in column 17, PF+Pension amount or PF+Pension+CTC?
Thank you very much for the video, which helped to apply for withdrawal of PF.
You are most welcome
The video is as complicated as the process.. I think all those who have understood and given reviews saying it's simple are already from finance background... A layperson like me, won't understand anything... And from where did you get the PF number ??.. No where in my account anywhere PF number is mentioned only the UAN id and the member id...
Very helpful video Sri. Tq very much. Please clarify this sir - The amount mentioned Rs. 1,50,000/- is included both PF amount and Pension or only PF amount?
Thank you so much 👍 really very nicely explained in comparison to others......
Thank you sir .... It was really helpful indeed..much appreciated and Good luck 👍👍
Hi,
Video is very informative and explained very clearly. my friend has completed 20 years and my PF amount is 20lac. He need to fill-up 15G form or not. TDS is applicable for the mentioned amount?
Hello, I have a query. If my PF amount is 40k and i have worked for about 17 months in a company. and my salary is nontaxable as well. Do I still have to fill 15g form? kindly do let me know. Thank you for explaining the details so well.
Dear Sir, I worked in two companies. In first one from 10.02.2011 to 20.07.2021 and in second one from 23.07.2021 to 06.11.2021. I left the second job and now want to withdraw PF which is more than Rs 50000/-. Kindly confirm whether I need to fill Form 15-G to avoid 10% TDS.
Excellent video,very useful for us.. thanks keep it up 👍
Thanks Sir For Form 15G ❤️👍
Always welcome
Thank You So Much for good explanation....
Thanks a lot 🙏
Please follow the steps as it was really helpful in my pf withdrawal.. thanks a ton👍
Thanks for your clear and informative video
First time viewer. What a valuable information you are providing 👍
Hello Sir,
I filled the form as per your instructions and while I tried to upload it in the EPF portal in the "Claim Section" there is no section where i can upload the 15g form.
Thank You Sir, Really Important video for All
Thanks alot dear.
I received my all pf and pension amount.
Lots of love ❤️❤️❤️
Thank you so much for the information provided in this video as well as in PF withdrawal process video. I have a doubt - If income limit is more than 2.5 lakh can the person fill this form???
According to income tax rules one can not fill this declaration if income is more than 2.50 lakh but now a days EPFO is rejecting PF claiming in absense of form 15G. So you should submit it irrespective of your income.
Dear Guruji, a reply would be helpful,
I worked til sept 2019. My annual package was around 3.3 pa from June 2018- til sept 2019 so i don't have to fill form 15G right as i fall in taxable slab and tds will be deducted as usual ?
Sir extra income agar na ho to fir column no -17, Main PF wala hi total amount bharna hoga na please reply to me ye or no
Vdo is useful..bt the dates u mentioned here...I can't understand...at no.4 u filled 19-20year
Then at delaration u filled previous year 20, relevant year21 n again at d place of date u give the date of 2019.how it can be possible??
Thank you so much for explaining . I have a unique doubt . I joined Air India in 1993 and was putting money in Trust PF of Air India . After privatisation, our money was transferred to EPFO eff 01 Dec 2021. I took Voluntary retirement on 31.03.2022 after completing 29 years of service. But since my EPFO membership is only 4 months how will I apply for TDS exemption as as per EPFO records my service is less than 5 years . I have a substantial amount in PF . So will filling 15G help . Please help me as no one seems to know the answer
First of all thank you very much for guidelines about 15GForm
Love you guru ji ❤
Sir, I am little confused with column 17, I resigned on 16th July'20, so how should the amount be calculated? Do I have to add my salary from April to July'20 to my PF?
Thank you for making it far understanding and relevant
I just have one question about this form 15 G.
What should I write in column no 4 , as I am applying in 2023 for the pf of 2022.
Hello Sir, thank you for the video. As you mentioned if an individual has more than 5 years of service then form 15g is not required. In my case, my total years of working is more than 10 years and in my previous organization, I worked for 2.3 years, So in this case should I upload form 15g? please suggest.
16. Under Part 1: Do we have to enter the total PF amount without interest? My total PF amount is just below Rs. 50,000. But the interest is making the total PF amount go over Rs. 50,000. This is why I have to fill up form 15G. Please help.
Yes, you have to because the total amount is exceeding 50k.
Pf amount 50k se kam hai aur service 5 years se kam hai , to kya pf form 15 g bharna chahiye??