Tag Archives: Income Tax on EPF interest of above Rs 2.5 Lakhs

Income Tax on EPF interest for contributions above Rs 2.5 Lakhs

Income Tax on EPF interest for contributions above Rs 2.5 Lakhs In Union budget 2021-22, Finance Minister has announced that there would be an income tax on EPF interest for EPF contributions above Rs 2.5 Lakhs in a year. This has created some confusion / havoc for employees who are contributing a higher amount where … Continue reading Income Tax on EPF interest for contributions above Rs 2.5 Lakhs