Provident Fund

PF is not taxable. For now.......

in case of recognised provident fund if employer contribution ismore than 12% of salary & intt. on pf ismore than 9.5%then excess amout will be taxable

and in case of unrecognised provident fund repayment part of  employer contribution & intt. thereon will be taxable under the salaryhead & intt on employees contribution will be taxable under the haed of other source

in case of statutory & ppf pf is exempt