In new Tax regime Ths Incme Tax on Employer's Contribution to Providedn Fund is Fully Taxable?
or there is any upper limit?
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Quick Summary
This discussion clarifies the taxability of employer contributions to a Provident Fund (PF) under the new income tax regime. While deductions for employee contributions under Section 80C are unavailable in the new regime, the tax treatment for employer contributions remains unchanged. It's noted that contributions exceeding 12% of salary may be taxed as perquisites and will be reflected in your Form 16.