Form 15G Declaration must be filed by an individual or a person (who is not a corporation or firm) claiming specified incomes without tax deduction for PF Withdrawal under Section 197A (1) and Section 197A(1A). Form 15G is a declaration that fixed deposit holders (individuals under the age of 60 and HUFs) can use to ensure that no TDS (tax deduction at source) is deducted from their interest income in a given year. According to income tax regulations, banks are required to deduct tax at source (TDS) on the interest generated on fixed deposits, recurring deposits, and so on. In a fiscal year, it exceeds Rs. 10,000. EPFO Unified Portal recently launched a facility for submitting EP
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