No More Tax Exemption On Depositing More Than 2.5 Lakhs In EPF, But Why?

by Rahul Gautam Feb 06, 2021 • 05:24 PM Views 1044


The Modi government has proposed that tax rebate will not be available on interest received on the contribution of more than Rs 2.5 lakh in Employees Provident Fund (EPF). While this is a matter of concern for all the salaried people contributing to the EPF, in reality, it will affect only those who contribute more than 2.5 lakh rupees a year to the EPF