Guide to Fill Form 15G for PF Withdrawal, Form 15g for PF download, Form 15G PDF Download & Sample 15G Form 2024 To avoid TDS during Provident Fund Withdrawal.
Contents
What are Form 15G and Form 15H?
Form 15G and Form 15H are self-declaration forms submitted to banks or financial institutions to prevent TDS deductions on interest income. These forms are particularly useful when your total income is below the taxable limit:
- Form 15G: For individuals below 60 years of age.
- Form 15H: For senior citizens aged 60 years or older.
In this guide, we’ll focus on Form 15G for PF withdrawals, providing details on how to download and fill it for the financial year 2024-25.
Why Form 15G is Required For PF Withdrawal?
When withdrawing funds from your Employee Provident Fund (EPF) account, Form 15G can help avoid TDS under certain conditions:
- Full PF withdrawals are tax-free if the employee has completed more than 5 years of continuous service.
- If the withdrawal is made before completing 5 years of service and the amount exceeds ₹50,000, Form 15G (or Form 15H for senior citizens) must be submitted with the withdrawal application to avoid TDS deductions.
Also Read :
- Transfer PF From One Company to Another
- How to Submit EPF Form 10D Online For Monthly Pension
- EPF Form 31 For Advance PF Withdrawal
- How To Add/Update Nomination if EPF Online
Form 15G Download Filled Sample 2023
Details To Be Filled in Form 15G PDF for FY 2023-24
1. Name of Assessee(Declarant) – Name as stated on PAN Card
2. PAN of Assessee – Enter PAN Card number here, a valid PAN number is mandatory to fill Form 15G
3. Status – Individual/HUF(Hindi United Family)
4. Previous Year – Enter the current Financial Year 2024-25 in case you are filling form between April 2024 to Mar 2025 for non-deduction of TDS
5. Residential Status – Resident (As NRI are not allowed to fill Form 15G PDF)
6-12 Address of Individual –
13. Email Address – Email address for communication purposes
14. Telephone No – Mobile Number or Landline Number with STD Code
15. Whether accessed to tax under the Income Tax Act, 1961– Tick Yes if you have taxable income in any of the previous 6 financial years also mention the Assessment Year where the income was taxable(AY 2023-24), otherwise Tick No
16. Estimated Income for which this declaration is made – Enter the amount for which withdrawal is made(Only PF Amount, Pension Amount Not Included). For example, we have Rs 61799 total PF account
17. Estimated total income of the P.Y in which income mentioned in column 16 to be included – State the total income for the current financial year from all sources including PF Withdrawal amount.(Income from salary in current year +Rs 61799)
18. Details of Form No 15G other than this form filed during the previous year, if any- Fill in the details of Form15G submitted anywhere else, like if you have FD in any bank and submitted form 15G there.
19. Identification number of relevant/investment account etc. – Enter UAN Number Here, Section Under which tax is deductible- 192A, Amount of Income – (PF Income – Rs 61799)
In the declaration, fill the Name, Date Place, and Sign the document. After successfully filling the form scan the document and upload it while filling the PF withdrawal form online.
Form 15G Download PDF Links
| Name of Form | |
| Form 15G Download PDF Hindi | Download |
| Form 15G Download PDF English | Download |
| Form 15H PDF Hindi | Download |
| Form 15H PDF English | Download |
FAQ
What is the difference between 15G and 15H Forms?
Form 15G and 15H are both self-description forms, 15G is for people below 60 years of age while Form 15H is for people above 60 years.
What happens when Form 15G is not submitted?
If Form 15G is not submitted during the PF withdrawal application, a TDS of 10% is deducted from the total amount. If you don’t have the taxable income you can claim the TDS while submitting the ITR for that year.
Can I Download Form 15G PDF?
The direct links to download various forms of Form 15G Pdf are available in the post above, you can also download the form 15g pdf from EPFO website and major bank websites.
What is form 15G for PF withdrawal PDF?
Form 15G is required by the individuals who are less than 60 years of age twhile applying for PF withdrawal so that EPFO doesn’t deduct TDS from the PF amount.