April 16, 2021

24X7 News Guru

The Real Time News

Employers’ PF contribution tax norm creates confusion

Before deciding to tax interest earned by private sector employees contributing over Rs 2.5 lakh towards provident fund from April 2021, the government had decided to bring employers’ contribution of over Rs 7.5 lakh towards retirement savings into the tax net last year....

Before deciding to tax interest earned by private sector employees contributing over Rs 2.5 lakh towards provident fund from April 2021, the government had decided to bring employers’ contribution of over Rs 7.5 lakh towards retirement savings into the tax net last year.

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