Contract Employees PF Withdrawal before 5 Years

Yes. U/s. 192A of IT act, provided the amount is 50000 or more.

As per the PF withdrawal rules, if the EPF/PF account is attached with PAN, in that case rate of TDS deduction will be 10% while in the case of EPF account not seeded with PAN, the TDS rate will get doubled means 20%.

The TDS can be avoided only if the PF member submits Form 15G or Form15H (for those above age 60) and the annual income in the financial year is less than Rs 2.5 Lakh

Details of Sec 192

https://cleartax.in/s/section-192