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Employees’ Provident Fund (EPF) – Complete Withdrawal Assistance by Mars Associates

Employees’ Provident Fund (EPF) is a mandatory savings scheme that helps employees build a secure financial corpus for retirement. In addition to long-term savings, EPF also allows withdrawals under specific conditions, making it a crucial financial support system.

At Mars Associates, we simplify the entire PF withdrawal process and ensure you receive your funds smoothly, compliantly, and without unnecessary delays.

Key Benefits of EPF

Simplify Your PF Withdrawal with Mars Associates’ Expert Support

PF withdrawal can often feel complicated due to documentation, compliance requirements, and tax implications. Our experts handle the process end-to-end so you don’t have to deal with confusion or repeated follow-ups.

Essential Documents Required for PF Withdrawal

To ensure a smooth and hassle-free PF withdrawal, keep the following documents ready:

Universal Account Number (UAN)

Your UAN is a unique identifier linked to your EPF account. It must be active and KYC-compliant to initiate a withdrawal.

Bank Account Details

Accurate bank account information is required to ensure seamless credit of the EPF amount.

Identity & Address Proof

Valid identity and address proof documents are needed for verification and compliance purposes.

Cancelled Cheque

A cancelled cheque containing your IFSC code and account number is mandatory for fund transfer validation.

PF Withdrawal & Tax Implications

Understanding tax rules is crucial before withdrawing your PF. Here’s a clear overview:

EPF withdrawals are tax-free if contributions are made continuously for five years or more

If EPF is withdrawn before completing five years of service, the amount becomes taxable

TDS applies if the withdrawal exceeds ₹50,000 before five years of service

10% TDS is deducted if PAN is provided

20% TDS is deducted if PAN is not provided

Submission of Form 15G (below 60 years) or Form 15H (above 60 years) can help avoid TDS if eligible

Step 7

No TDS is deducted on withdrawals after five years of continuous service

Mars Associates helps you plan withdrawals smartly to reduce tax impact and remain fully compliant.

Types of PF Withdrawals

EPF withdrawals are classified based on purpose and eligibility:

EPF Form 19 – Final Settlement

Used to withdraw the entire EPF balance after leaving employment.

Includes:

  • Member and employment details

  • Mode of payment

  • Aadhaar-based OTP verification

  • Online submission through UAN portal

EPF Form 31 – Partial Withdrawal (Advance)

Used for partial withdrawals for purposes like medical emergencies, education, housing, or marriage.

Process includes:

  • Updated Aadhaar, PAN, and bank details

  • Login to EPFO portal

  • Selection of withdrawal reason

  • Online claim submission

EPF Form 10C – EPS Withdrawal

Used to withdraw or transfer the Employee Pension Scheme (EPS) amount.

Steps include:

  • UAN login

  • Selection of claim type

  • Address verification

  • Aadhaar OTP authentication

Pricing Plan

PF/ ESIC registration

₹4,999

*Exclusive of Taxes

PF Withdrawal

₹1,199

*Exclusive of Taxes

Add Nomination details in EPFO

₹399

*Exclusive of Taxes

PF combo (PF Transfer + Pf withdrawal)

₹1,999

*Exclusive of Taxes

Addition Trademark Registration

₹2,999

Goverment fee extra *Exclusive of Taxes

Get in Touch Today!

At Mars Associates, With our support, you can confidently scale your business knowing your financials are in expert hands.