TDS on PF withdraw

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 February 2011 Dear Sir

I have worked with a company for 2 years.
I have now resigned and moving abroad for another employment.

Do I have an option to hold my EPF & EPS i.e. choose to not withdraw.

In case the only option I have is - to withdraw - then will there be any TDS applied and at what rate ?

Look forward to your kind advice

Thanks & Regards

UMA SHANKER SHARDA

UMA SHANKER SHARDA (Expert)
Follow

26 February 2011 Its not necessary to withdraw. Whenever you return india and join new job, you can get the funds transferred with new employer. If you are withdrawing, I think, EPS can not be withdrawn. No TDS will be deducted on EPF.