New PF Tax Rule: Should you cut your VPF contribution?

CA Sapna Ghelani , Last updated: 07 April 2021  
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Finance Minister Nirmala Sitharaman has announced in the Union Budget 2021-22 to levy income tax on interest earned on employees contribution towards the Employee Provident Fund, or EPF, if the sum is above Rs 2.5 lakh a year starting 1 April 2021. This has created confusion amongst people regard

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Published by

CA Sapna Ghelani
(Chartered Accountant)
Category Corporate Law   Report

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