A Provident fund is a government-managed retirement savings scheme for employees who can contribute a part of their pension fund every month. And, Form 15G is a declaration that can be filled out by ...
The Employees’ Provident Fund (EPF) is designed to support employees’ long-term financial security, with both the employee and employer contributing 12% of the employee’s basic salary and dearness ...
According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...
If you invest in certain instruments like bank fixed deposit, recurring deposit and corporate deposit, the interest you earn is taxed. Banks and post offices will deduct TDS (Tax deducted at source) ...