Is employer pf deduction available under new tax regime ..pls give answers with respect to before budget and after budget in new tax regime
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Is employer pf deduction available under new tax regime
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Yes, Employers' contributions to their employee's NPS and EPF and superannuation accounts are applicable for tax exemption. However, the contributions made in a financial year to all the employee accounts should not be above ₹ 7.5 lakh to qualify for the tax exemption.
Under both tax regimes the deduction is available, be it before budget, or after amendment.
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