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Pf shocker News

08 Mar 2016

EPF Tax: Will FM Arun Jaitley announce rollback of Budgetary proposal today?

The Finance Ministry will reveal final details on the the controversial budget proposal to tax EPF withdrawals during debate on Budget.

06 Mar 2016

EPF tax shocker: Finance Ministry to offer relief from tax as PM intervenes; announcement likely on Tuesday

Sensing the outrage among salaried class on the Budget proposal to tax EPF withdrawals, PM Modi is reported to have intervened, following which the Finance Ministry has reviewed the proposal and is likely to offer some relief to taxpayers.

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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