EPF Withdrawal – Complete Guide to Withdrawing Your Provident Fund
At Taxware, we simplify the entire process of EPF withdrawal online and offline. Whether you’re changing jobs, retiring, or need emergency funds, we help you navigate the legalities, forms, and timelines – smoothly and reliably.
EPF Withdrawal Online | Guide, Process
EPF (Employees’ Provident Fund) is one of the most important savings tools for salaried individuals in India. Managed by the Employees' Provident Fund Organisation (EPFO), this fund helps you accumulate savings during your working years to support your retirement or financial emergencies. While the fund is meant for long-term savings, there are provisions for EPF withdrawal under specific conditions.
Procedure For EPF Withdrawal Through TaxWare ?
What is EPF Withdrawal?
EPF withdrawal means taking out funds from your provident fund account maintained by the EPFO. You can withdraw your EPF either partially or fully, depending on the reason and circumstances such as:
> Retirement
> Resignation from job
> Unemployment for over 2 months
> Medical emergencies
> Marriage or higher education
> Home loan repayment or property purchase
Documents Required for EPF Withdrawal
To ensure a smooth process, keep the following documents ready:
✅ Aadhar Card
✅ PAN Card
✅ Bank passbook/cancelled cheque
✅ Form 19 (for final settlement)
✅ Form 10C (for pension withdrawal)
✅ Form 31 (for partial withdrawal)
✅ UAN-linked mobile number
✅ Employer’s approval (for certain withdrawals)
EPF Withdrawal and Income Tax Rules
EPF withdrawals are tax-free if:
✅ The employee has completed 5 years of continuous service, or
✅ Withdrawal is due to retirement, death, or permanent disability.
Tax Deducted at Source (TDS):
If withdrawn before 5 years, and the amount is above ₹50,000, TDS is applicable:
✅ 10% TDS with PAN submitted
✅ 30% TDS without PAN
Pro Tip: If your income is below the taxable limit, you can file Form 15G/15H to avoid TDS.
