Tax (TDS) for PF Withdrawal applies only when you years of service is less than 5 years and if Years of Service > 5 years then No Tax.
And even when your Years of Service is less than 5 years,There are 3 different scenarios as displayed below
No Tax
- PAN is submitted and updated
- Form 15 G/H is submitted
Even if PAN is unverified in UAN portal, ==> TDS won’t be applied. (PAN just needs to be updated in the portal)
10% Tax
- PAN is Submitted
- No Form 15 G/H is submitted
34% Tax
- No PAN or Form 15G/15H is submitted