Provident Fund withdrawal new rule: Budget 2023 lowers TDS rate of EPF withdrawals in non-PAN cases
A higher TDS/TCS rate is applicable if the beneficiary is a non-filer, that is, if he did not file his income tax return for the previous year, and if his total TDS and TCS amount to at least Rs 50,000.
Nirmala Sitharaman Pay Commission Provident Fund Organization Employee Provident Fund Union Budget Finance Minister Nirmala Sitharaman
Source: dnaindia.com