February 25, 2021

24X7 News Guru

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Put over Rs 2.5 lakh in PF? Interest may face annual deduction

The government is exploring the option of an annual deduction on the interest income earned by employees contributing over Rs 2.5 lakh into their provident fund accounts, while suggesting that accounts up to the tax-free cap be maintained separately....

The government is exploring the option of an annual deduction on the interest income earned by employees contributing over Rs 2.5 lakh into their provident fund accounts, while suggesting that accounts up to the tax-free cap be maintained separately.

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