banner_ad

taxability of interest credited to RPF

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 February 2009 For FY 2008-09 :
what is the taxability of interest credited to the RPF account. Is it the amount in excess of 8.5% or 9.5%.
Rate as per T.N. Manoharan's material - 8.5%
Rate as per ICAI Study material - 9.5%
Profile Image

CA R N Mohil

Profile Image

CA R N Mohil (Expert)
04 February 2009 Interest credited to the recognised provident fund (RPF )account in excess of @ 8.5 % is taxable
Profile Image

Sowmiya Nachi

Profile Image

Sowmiya Nachi (Querist)
04 February 2009 Thank You!
Where can this be verified?
Profile Image

CA R N Mohil

Profile Image

CA R N Mohil (Expert)
04 February 2009 This is notified rate. you can refer to Ministry of Labour & Employment letter No. R-11018/01/03-SS.II(pt) dated 10.01.2006.
Profile Image

Sowmiya Nachi

Profile Image

Sowmiya Nachi (Querist)
05 February 2009 Thank you once again!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details