PSG had announced on Wednesday that after three days of rest and various tests, Neymar's doctor advised that it was the best decision to operate on him.
Neymar is set to undergo surgery in Brazil which rules him out of Tuesday's Champions League return leg against Real Madrid, with PSG trailing 3-1.
A graceful midfielder, Kaka won 92 caps for Brazil, scoring 29 goals and featuring at three World Cups.
Marcelo and Gabriel Jesus also scored for the five-time champions, who got all three goals in the first half.
This is the second time the Selecao boys have finished third after the inaugural edition of the coveted tournament in 1985, China.
It is expected to be a free-flowing contest between Brazil's natural flair and the raw power and speed of an African side.
Brazil, who were seeking their fourth title, were finally outwitted and outplayed by a more tactical and resilient side and they bowed out of the tournament with a heart-break.
The semi-final was supposed to take place at the Indira Gandhi Athletic Stadium in Guwahati but incessant rains forced FIFA to shift the game to Kolkata which will also host the final on Saturday.
The match, which was to be played at the Indira Gandhi stadium in the Assam capital, will be held as scheduled on October 25 but at the Salt Lake Stadium in Kolkata.
Neymar is accused of evading 20.04 million US dollars in taxes from 2011 to 2013 by using front companies to hide the true value of his income.
Leader Brazil qualified for the World Cup as early as March this year. Uruguay, Chile, Colombia, Peru, Argentina and Paraguay still depend on results on Tuesday.
Brazil have won the title thrice in the past as the South American country is just behind title holders and four-time champions Nigeria, who have failed to qualify for the upcoming edition.
In other matches in South America: Bolivia edged Chile 1-0, Peru beat Ecuador 2-1 and Uruguay defeated Paraguay 2-1.
The 44-year-old owes his ex-partner Barbara Thurler 61,000 reais (around $20,000) of child support.
The Brazilian winger, who has plied his trade in Spain, Greece and Italy, represented Delhi Dynamos FC in the last season.
Argentina retained third place, Switzerland rose to fourth - their highest position since the first rankings 24 years go - and Poland moved into an all-time best fifth.
Alan Ruschel wore the captain's armband for Chapecoense during the 36 minutes he played before being substituted.
Paris Saint-Germain ended weeks of speculation by paying Barcelona the 222 million-euro ($264 million) release fee written into Neymar's contract with the Catalan club.
As the speculations fuels up, the Brazilain and Barcelona winger Neymar Jr is set to break all records to join the Les Parisians. The Ligue 1 runners-up are nearly roping in troubled Arsenal forward Alexis Sanchez as well.
The 26-year-old is currently on loan from Chennaiyin to Brazilian fourth tier outfit Bangu Atletico Clube but he will be back for the 2017-18 ISL season.
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