IndiaInsurance
14th July 2022, 10:05 AM
https://img.etimg.com/photo/92825406.cms (https://economictimes.indiatimes.com/wealth/invest/is-your-epf-interest-taxable-here-how-to-check-if-it-is/articleshow/92825406.cms)The mandatory EPF contribution made to an individual account is calculated on the basic salary amount. Post the appraisal season, as your salary hikes, even the EPF contribution will also hike. If the EPF contribution in a financial year (including VPF) exceeds this specified limit, then interest received on excess contribution is taxable.
More... (https://economictimes.indiatimes.com/wealth/invest/is-your-epf-interest-taxable-here-how-to-check-if-it-is/articleshow/92825406.cms)
More... (https://economictimes.indiatimes.com/wealth/invest/is-your-epf-interest-taxable-here-how-to-check-if-it-is/articleshow/92825406.cms)