Dear Seniors,
My Query regarding for pf withdrawal time govt. fixed amount less than 30,000/- no TDS & above 30,000/- TDS is applicable. I know about TDS calculation more than 30,000/- pf amonut ( like pan card submission, 15G/15H ). My question is why govt has fixed "30,000" limit. If there is any particular reason for that.
Regards
Suresh
From India, Mumbai
My Query regarding for pf withdrawal time govt. fixed amount less than 30,000/- no TDS & above 30,000/- TDS is applicable. I know about TDS calculation more than 30,000/- pf amonut ( like pan card submission, 15G/15H ). My question is why govt has fixed "30,000" limit. If there is any particular reason for that.
Regards
Suresh
From India, Mumbai
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