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Interest on Provident Fund
Sir, Whether interest on provident fund for the financial year 2021-2022 is taxable income? or not?
Replies (3)
Quick Summary
As per notification 95/2021 dt 31/8/21 , and amendment in Finance Act 2021 , Interest on PF contribution above 2.5 Lacs in taxable . please refer notification .
It depends.If you have only PF Interest then there won't be much tax ..
If you have salary + PF interest or other income then you may have to pay the tax
If you have salary + PF interest or other income then you may have to pay the tax
Sir, interest on PF contribution 5 Lacs for which purpose?
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