How to Filling Form 15G for PF Withdrawal

Introduction

• Withdrawing your Provident Fund (PF) can be a smooth process, especially when you understand how to fill out Form 15G correctly.
• This form is vital for individuals whose total income is below the taxable limit, as it helps avoid TDS (Tax Deducted at Source) on your PF withdrawal. Here’s a comprehensive guide.

Who Should Submit Form 15G?

You should consider submitting Form 15G for PF withdrawal if:

• You are below 60 years of age.
• Your PF withdrawal amount exceeds ₹50,000.
• Your total income is below the taxable limit, which is currently ₹4 lakh for individuals.
• Your PAN is linked to your Universal Account Number (UAN).

How to Fill Part 1 of Form 15G

Form 15G consists of two parts, where Part 1 is to be filled by you. Below are the fields you need to complete:

1. Name (as per PAN)
2. PAN Number
3. Status (select “individual”)
4. Previous year (e.g., “2024-25”)
5. Residential status (mark “resident individual”)
6. Address and PIN code
7. Email ID (optional)
8. Mobile Number
9. Whether assessed to tax in any of the last 6 years (yes/no)
10. Estimated total income in the financial year (including PF amount)
11. Estimated income for which declaration is made (PF withdrawal amount)
12. Details of other Form 15G submitted in the same year (usually “0”)
13. Total income on which Form 15G is submitted (same as previous point)
14. Details of income (write “provident fund withdrawal”, mention amount and PF account details)
15. Signature and date

Remember, do not fill Part 2, as that is reserved for the EPFO officer.

Submitting Form 15G for PF Withdrawal

• If you are withdrawing online via the UAN portal, you can upload the scanned Form 15G during the claim process.
• For offline withdrawal, attach Form 15G with your PF withdrawal application and submit it to the EPFO office.
• Filling out Form 15G accurately will ensure you receive your full PF amount without unnecessary tax deductions.