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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 ...
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 ...
However, you can save TDS by depositing your PAN and submitting Form 15G/15H. If 15G/15H is not submitted, then the TDS will be deducted at 10 per cent. If the PF account is linked with a valid PAN, ...
The concept of TDS was introduced with an aim to collect tax from the very source of income. A person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall ...