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PF Employee Contribution Taxability _INDIA Payroll
HI Team
(CBDT) recently notified new rules regarding the taxation of the interest on contributions above Rs 2.5 lakh in the Employee Provident Fund (EPF) in the FY 2021-22.
The amount deposited above the specified threshold will be in the taxable contribution account and the interests paid on it will get taxed.
in view of the above, is Oracle releasing any patch to account taxable interest in the Total taxable income of the Employee.
_Harsha
(CBDT) recently notified new rules regarding the taxation of the interest on contributions above Rs 2.5 lakh in the Employee Provident Fund (EPF) in the FY 2021-22.
The amount deposited above the specified threshold will be in the taxable contribution account and the interests paid on it will get taxed.
in view of the above, is Oracle releasing any patch to account taxable interest in the Total taxable income of the Employee.
_Harsha
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