In this case,

Tds@10% I required to be deducted by

  • Trustee of PF Scheme
  • Any other person authorized under the scheme


Cut off Amount is Rs 30000 50000 .

(This limit of 30000 is now increased to 50000 from 1.6.2016)

Hence tds is to be deducted if amount of payment  or aggregate of such payment is more than 30000



If pan no not provided,

then tds is deducted at maximum marginal rate



As per Secition 197,

Concept of Forms 15G AND 15GA is applicable to this section also

No tds if such forms provided


( An employee can give a declaration in Form No. 15G to the effect that his total income including taxable pre-mature withdrawal from employees provident fund scheme does not exceed the maximum amount not chargeable to tax.

 When the employee furnishes such declaration, no tax will be deducted by the trustee of Employees Provident Fund Scheme while making the payment to such employee.


Similarly for senior citizens,Form 15H is applicable for non deduction of tax.)

Learn in your speed, with individual attention - Teachoo Maths 1-on-1 Class

Ask a doubt
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.