Only EPF interest to attract tax, withdrawals will be exempted

Sandeep Jadhav , Last updated: 03 March 2016  
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Only interest accrued on 60% of the contributions to the Employee Provident Fund after April 1, 2016 will be taxed while the principal amount will remain tax exempt, revenue Secretary Hasmukh Adhia clarified on Tuesday after uproar over the governments proposal to tax withdrawals from the Employee P

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Sandeep Jadhav
(Bcom, ITP, STP, ITRPS, STRPS, CS, CA FINAL)
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