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Epf tax issue News

08 Mar 2016

Big victory for salaried class! Controversial Budget proposal to tax EPF withdrawal rolled back

Jaitley also announced withdrawal of imposing monetary limit for contribution of employers to provident and superannuation fund of Rs 1.5 lakh for taking tax benefit.

01 Mar 2016

PF taxation issue: No tax if 60% of corpus invested in annuity

Seeking to dispel fears of the salaried class, the government on Tuesday clarified that the private employees can place 60 percent of investment under annuity for which they will be exempted from tax.

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