If you're leaving a job or about to retire, withdrawing EPF the wrong way can cost you 10–30% in TDS. This tool applies the actual Income Tax rules — Section 10(12) tax-free rule after 5 years of continuous service, Section 192A TDS for early withdrawals over ₹50,000, the difference between PAN-linked vs not rates, and Form 15G/15H exemption if your total income stays under the basic exemption limit.
Two ways to use: enter your actual EPF balance from the EPFO passbook (most accurate) or let the calculator estimate the balance from your average salary and years of service.
Your Details
TDS Calculation (Section 192A)
| Gross EPF Withdrawal | ₹0 |
| Taxable Portion | ₹0 |
| TDS Rate Applied | — |
| TDS Deducted | ₹0 |
| Net Amount to Bank | ₹0 |
Frequently Asked Questions
When is EPF withdrawal tax-free?
Under Section 10(12), withdrawal is fully tax-free if you have 5 or more years of continuous service. Service across multiple employers counts together if you transferred your EPF instead of withdrawing in between. Below 5 years, the entire withdrawal is taxable and TDS applies under Section 192A.
What is the TDS rate?
Service less than 5 years AND withdrawal ₹50,000+: 10% TDS with PAN linked, 30% (Maximum Marginal Rate) without PAN. Withdrawal under ₹50,000 — no TDS regardless of service. 5+ years service — no TDS at all.
Can I avoid TDS using Form 15G/15H?
Yes. If your total annual income (including this withdrawal) is below the basic exemption limit (₹2.5L old regime, ₹4L new regime FY 2026-27), submit Form 15G (under 60) or Form 15H (60+) with the EPFO claim form. The EPFO will not deduct TDS but you must still report the withdrawal in your ITR.
What is the current EPF interest rate?
EPF interest for FY 2024-25 is 8.25%, declared by EPFO Central Board of Trustees. Interest is credited annually on monthly running balance. Historical rates: 8.15% (2022-23), 8.10% (2021-22), 8.50% (2020-21).
EPF vs EPS — what's the difference?
From the employer's 12% contribution, 8.33% (capped at ₹1,250/month on ₹15,000 basic) goes to EPS (Employees' Pension Scheme). The remaining 3.67% goes to EPF. EPS funds your pension after age 58 and isn't freely withdrawable. Only EPF (your 12% + employer's EPF share + interest) gets paid at final settlement.
How do I check my EPF balance?
Three ways: UMANG app (login with UAN + OTP); EPFO portal at epfindia.gov.in → Member passbook; or missed call to 9966044425 from your UAN-registered mobile. Quickest is the UMANG app.
Is EPF withdrawal taxable after 5 years?
No. Under Section 10(12), the entire amount — employee contribution, employer contribution, and accrued interest — is fully tax-exempt. No TDS, no need to mention in ITR (though declaring it as exempt income is good practice).