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Tax Exemptions On PF (Provident Fund) Change Read 10 Points
Under Budget 2021, the government has decided to reduce the tax benefits in a move to target high-income earners who benefit from the scheme.
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New EPFO Guidelines Explain How Contribution Above Rs 2 50 Lakh Will Be Taxed
The circular said the TDS will be deducted when the interest is paid to an EPF account.
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Check how
Will be taxed
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Provident fund
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EPF Tax Rule: Employees Provident Fund Contributions Above Rs 2 50 Lakh Will Be Taxed From Today: Explainer
Employees Provident Fund (EPF) contributions exceeding ₹ 2.50 lakh yearly will be taxed from today, i.e., April 1, 2022. That limit has been set for government employees at a higher end of ₹ 5 lakh.
Central board of trustees
Income tax department
Employee provident fund contributions above rs
Provident fund
Will be taxed from today
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Pf contributions exceeding 2 50 lakh per year will be taxed from april 1
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