For Web Circulation only - EPFO,RO,Hyderabad（仅供网络循环EPFO RO,海德拉巴）.pdf

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For Web Circulation only - EPFO,RO,Hyderabad（仅供网络循环EPFO RO,海德拉巴）.pdf

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For Web Circulation only - EPFO,RO,Hyderabad（仅供网络循环EPFO RO,海德拉巴）

For Web Circulation only Employees Provident Fund Organisation (Jlld1 ()Cf~~, ~mCfiR) (M inistry of Labour Employment, Govt . Of lndia) ~~I Head Office ~ ~~wr.:r, 14, ~Cfild1T~, .W~ - 110066 . Bhavishya N idhi Bhawan, 14-Bhikaiji Cama Place , New Delh i- 110066 .in www .epfindia .nic. in Telephone : 0 11- 26 196239 Fax : 011-26 173022 No. WSU/6(1)2016/Finance Bill 2016/rrj t/3 7 h Date: 30.05.2016 To 3 0 MAY 2016 All ACCs (Zones) All RPFC/OICs of ROs/SROs. Sub: Amendment in Section 192A of Income Tax Act, 1961 related to TDS - Instructions thereof. Ref: Head Office circular No. WSU/6(1)2011/IT/Vol-IV/5931 dt. 21.05.2015 (at SI. No. 110 of Office orders circulars for 2015-16) Sir/Madam, The Finance Act, 2016 has amended section 192A of Income Tax Act, 1961 to raise the threshold limit of provident fund withdrawal from Rs. 30,000/- to Rs. 50,000/- for Tax Deducted at Source (TDS) . This provision will be effective from 1st June, 2016. A copy of the amended provision is enclosed for information. 2. Other instructions on the subject as contained in the above referred circular w ill remain the same. The IS Division has been separately requested for necess