How To Fill Form 15G in English till 31st March 2022 | Form 15G For PF Withdrawal | Save TDS
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- Опубликовано: 20 сен 2021
- Save TDS with Form 15G when applying for PF Withdrawal
If you have confusion regarding Col. 17, click the link below:
• How to Calculate Total...
Note: AY (PY) is 2021-22. Doesn't matter when you left your job.
Mam,Fainaly got my PF& pension.I am very happy,
This is great news. Am sorry...for some reason I seemed to have missed this message. Hope you're enjoying your money. :)
@@mallikanawal Thankyou mam.
My PF claim settled successfully in 7days .. Thank you very much ☺️
So happy to hear this. :))) Although, it is our own money, but you still feel elated after receiving it. I remember how happy I had been.
informative Video Maam. Thank you!
Thank you. Much appreciated
Neatly explained. Thank you.
Thank you for your kind words.
Thank you so much
Thank you
Hi mam, i have some doubts regards the employee contribution and employer contribution calculation, kindly help on this
Have you downloaded the passbook?
Hi mam. Thank you for the detailed explanation. I was able to submit the form successfully last night. I also downloaded the acknowledgement. Today I wanted to check the claim status so I logged into e passbook section and checked on view claim status option. But there was no results showing and I'm seeing a message No claims found for my member ID. I want know if it takes few days to get updated here so that I can track my status whether it's in process or settled
Log into EPFO and Track Claim Status. Is it visible now? If not, I'd recommend resubmitting the claim. Sometimes, there are server issues and even after the acknowledgement slip being generated, the claim doesn't goes through. Doesn't happen a lot...but some times, that does happen.
When should we submit form 15G? Criteria please. Something about less than or greater than Rs 50000 and work less than or greater than 5 years?
Are all fields in form mandatory? Example: estimated income etc
... 16, 17...
Yes you have to fill all the fields that I filled in the video. Part II is to be left blank (that's for office use).
And everyone kinda have to upload Form 15G by default. Else EPFO does not process people's claims for some reason. (No logic... that's just how it is)
I applied mam.
That's great to hear. Wish you a very happy new year :)
@@mallikanawal Thankyou mam also be you.
Very nice and calmly explained how to fill form 15G I have a doubt that what to mention in column 17 you told to add xyz+abc=total but I have not joined any job since May 2022 please confirm
Total income is not just salary. It's all the money one earns (whatever the source) in a financial year. If you want more clarity though, just watch the video on 'How to calculate Total Income' [Link in the description box]
Thanks for creating and sharing this video. I have a quick question, if epf withdrawal amount is say 6-7 lakhs amount is there any benefit for filing form 15G form while withdrawing PF amount. What's your advice on it. Is it only till EPF withdrawal for 2.5 lakhs. Thanks
The problem with EPFO is that if you don't upload the Form 15G (irrespective of the fact whether it is required or not), they tend to reject the form. Don't ask me the rationale for it?!? I haven't been able to figure out their reasoning for doing so. :)
Hence, the Form 15G. Of course, if the length of continuous service is greater than 5 years, no TDS is deducted on the PF amount (doesn't matter what the amount is).
Hope that clarifies.
Hi mam. Thanks for the detailed video. I have one doubt regarding column 17 of the form 15G . Inhad left my job in Nov 2019 and now in Dec 2021 , I am going to withdraw my PF. So my doubt is what should I mention in column 17 since I do not have any income since Nov 2019. Should it be same amount as I mentioned in column 16( which is just my of withdrawl amount). Thanks in advance
Yes, if you have not earned anything since 1st April 2021 and don't anticipate any earnings till 31st March 2022, just mention the amount from Col. 16 in Col. 17 as well.
Hi my doubt is for 17 point that is we to estimate the income after all deductions or without deductions for eg i will be earning 300000 in given period but after all deductions my taxable income is 250000 so what should i enter there
Also like i put income more than 250000 will tds be deducted or not like exemption limit is more than 250000
Total income (col 17) would be without deductions
And what is your length of continuous service? Is it greater than 5 years?
@@mallikanawal no less than 5
@@mallikanawal also so if pf is less than 2.5 lakhs but more than 50 and total income is more than 2.5 laksh but less than 5 lakhs( tax will be zero) then tds will not be deducted right ? Thanks in advance
I have filed 15g form for pf once in April but it got rejected. So will that 15g form count as 1 in #18 in the form??? Please help
No. You don't need to mention the rejected ones.
@@mallikanawal thanks a lot
@@nikitadey2129 You're absolutely welcome.
Thanks for the explanation mam!
If the total withdrawal amount is 20 lacs and in 17th column we mention total amount as 20lacs 20 thousand, will there be any tax deduction? The income tax was also filed for assessment year 2018-2019.
The total income is 20 lakhs + everything u'll earn from 1st April 2022 to 31st March 2022 (salary, agricultural income, rent, income from other sources, capital gains, etc.)
TDS will be deducted if the length of continuous service is less than 5 years.
@@mallikanawal Thanks mam! Your response is highly appreciated😊. I would like to add one more info in this case.
The job duration was jan 1990 to june 2020 and then again from july 2021 to April 2022. Previous pf amount has been transferred to the new one as well. So in this case will there be any deduction in the withdrawal amount as the second job duration is only for 10 months?
Ma'am my total service tenure is 6 years, should I still fill form 15G?. I checked online and it is mentioned that I don't have to but I am worried so wanted to confirm. Thank you.
interest earned as well
Please be advised... this was for last financial year. I will be uploading the current version today eod...
@@mallikanawal ok will wait for it, thank you.
Hi, confused in 17 coloum need to add pf amount+Annual income please help?? I left job in the July 2021 do I need to take income from April to July???
1st April 2021 se leke 31st March 2022 mein jo bhi income ho (so yes, April to July lena hai and then August se lekar agle saal march tak jo bhi income aap expect kar rahi hon). Yahan sirf ek estimate dena hai... aur uss estimate mein PF amount bhi jor dena hai.
@@mallikanawal agar 250000 hoga toh tax deduction hoga kya?
@@sheemanaaz9004 year of service 5 saal se zyada hai ya kam hai?
@@mallikanawal kam hai mam. 4 years hai. Agar 17 column me 2 lakh 50 thousand k upper hai toh tax deduct hota hai kya?
@@sheemanaaz9004 Agar 5 years se kam hai service aur PF withdrawal amount 50,000 se zyada hai to TDS @ 10% deduct hoga hi (if PAN is linked). But you can get tax refund when you file your income tax returns if you're eligible
Hi,
Great Info. Thanks.
1 Question.
In no 17, what we need to add with 'xyz' amount?
Appreciate your help.
Well, all the income you are going to earn in 2021-22 (salaries, rents if any, interest, dividends, capital gains, etc.)
@@mallikanawal Thanks ma'am. But the job for which i was getting PF ended in 2019. So i added all that for the year 2019 and applied for PF this month. Will it be fine?
@@taifshams Check the passbook. We also accrue interest on the employee and employer contribution. So, the total must also add the respective interest.
Sister is information ke liye koy video nahi he pure you tube pe ..... is par ek video bana dijiye plssss
Sure thing. It’s week upload kar doongi.
Hi Mam, I left my job in JULY 2021 and my service is 3yrs below with pf amount 83,531/- rs ... my monthly salary is 28,627 now what should I write in 17nth column plz tell me.... I don't have any job now this is 3rd month I left from my job.... if pan card is linked, is it still required to submit 15g ... with how many days the amount will be credited after submitting final settlement..plz let me know answers for these questions........please post reply in English I don't know hindi
Aap bahaut saare points ek saath likh rahe hain. Isiliye confusion ho raha hai thora. let's break it down. 3 years service duration se koi fark nahi parega while computing the total income for Col. 17.
Ek notebook uthaiye and write down aapki earnings. April 2021, May 2021, June 2021, July 2021, Aug 2021, Sept 2021, Nov 2021, Dec 2021, Jan 2022, Feb 2022 and Mar 2022. Now against each of the months, write down the earnings you have earned/are expecting to earn. [Salary utha lijiye, bank interest le lijiye, agar ghar kiraye pe diya ho to uska rent add kijiye]. In short, aap ko jo bhi paisa mila hai/milega....un sabko add karna hai.
One more point - It's only an "ESTIMATION". The EPFO does not expect it to be cent-percent accurate since you don't know what your future earnings will be. At best, it's conjecture/assumptions.
In column 17 what amount we should enter if we left job and need to withdraw total amount.can we enter same amount that in 16 column or left blank there
Whatever money you may get during the financial year i.e. from 1st April 2022 to 31st March 2023.
Are you not expecting to get any other money apart from your PF amount during this fiscal year?
If not, then yes... the figure in Col. 16 can be written in Col. 17 too.
No..can I mention same amount that is in 16
@@akhilreddybommareddy2939 Sure.
I forgot to mention +91 before my mobile number..does it make any problem
Cannot understand 17th point please explain with example
Iam also not understand have to clear.
ruclips.net/video/5dqVlMZ4sWo/видео.html
Mam from 19 kaysa vare?
I will upload a video next week. You can refer that.
Mere pf account me 1 lakh Balance he .... lekin mene 31 form bhar ke 55000 nikal liye the ... abhi mene job chor di he ... mere account me abhi 45000 ke karib he ... to Kya muje 15G form bharna parega
Form 15G to khair EPFO wale sabse bharwate hain. So, usko to fill karke upload kar lijiyega. TDS katega ya nahi ye determine hoga number of continuous service se. Agar continuous service 5 saal se zyada hai, to koi TDS nahi deduct hoga. Warna since PF balance is greater than 50,000 to TDS deduct hoga hi
@@mallikanawal my pf balance is 20,000. and service period is 1 year 2 months.is there any need of feel the form 15G?
@@yashumaraniya6672 Well, if you won't fill and upload it, they will reject the claim. Don't ask me for the rationale though. I haven't found logic there yet. :) So, my recommendation --- fill and upload.
Very informative video maam. But i just little confused regarding 17 column. I left my job December 2020 and still I am not earning anything and my income level is zero. So what could the figure I will mention here?? Please I need your guidance maam. Thanking you in advance...
ruclips.net/video/p5ugzZrq8pA/видео.html
I have explained Col. 17 in detail in the given video since a lot of people requested the same information. It's in Hindi though so people could understand it easily. Hope Hindi is not a problem for you, else I'll be posting the same video in English tomorrow.
@@mallikanawal Thanks maam.. I will be watch the hindi video... Thanks for the reply.
Dear maam,
Last week my claim had been rejected due to some reason, and epfo department given some remarks.
so can i share with you to get an idea?
If possible Please share your email id while i will share my screenshot... 🙏
@@dontonraulo8854 Sure thing. My email id's mallika.iitkgp@gmail.com.
Hi mam,
Good Day!!!
I have submitted my pf settlement, it's showing under process from past 16 days, but no update, only got message 5 to 6 days back that your pf will be settled shortly, but on portal it's still showing under process
Was the message an SMS? If yes, it should get credited by next week. Would you be able to let me know once it's settled? EPFO hadn't taken this long before. Sometimes, I really wonder what's up with them? No consistency...
All the best. And a very happy new year to you and your entire family.
@@mallikanawal Yes, it was an SMS. Sure I will let you know once the pf is settled. Happy New Year!!!
@@saifkazi6287 Then it's gonna be credited to your bank account... just a couple more days then.
Hi mam,
It's been 1.5 months, my fnf amount is still showing under process, I had submitted the form on 20 Dec and after 1 week I had received SMS that the amount will be settled shortly, but still it's showing under process
@@saifkazi6287 It still hasn't been settled? That's too long. Register a grievance @ epfigms.gov.in/Grievance/GrievanceMaster
Did you have whatsup number madam , for clear my EPF withdrawal purpose
No I don't give out my personal phone number for privacy reasons. I do, however, check and reply to the RUclips comments promptly as well as my email -- mallika.iitkgp@gmail.com