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Tata Power Tag

Daily Market Analysis

Daily Market Analysis – 5th Feb 2021

byDurgesh BhoirFebruary 5, 2021

Will tax on PF interest also cover contribution to PPF account? Budget 2021 has proposed to levy income tax on interest earned by an employee/person on his/her contribution in excess of Rs 2.5 lakh in a financial year to a provident fund. It appears that tax will apply to the interest earned on contributions made to Employees’ Provident Fund (EPF), Voluntary Provident Fund (VPF) as...