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INCOME TAX ON INTEREST OF PF CONTRIBUTIONS
For 2021 2022, is the tax applicable on the interest earned from earlier contributions from 2021-22?
Replies (1)
You are required to pay income tax on the interest earned on your PF contributions that exceed ₹2.5 lakh per financial year (or ₹5 lakh for certain government employees). This interest is treated as "Income from Other Sources" and is subject to your individual tax slab rates.
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