CBDT Announces Rules For Calculating Interest On PF Contributions Exceeding Specified Limit

According to the highlights of Budget 2021, it is proposed to limit tax exemption for interest income earned on employees' contributions to different provident funds to a yearly contribution of Rs 2.5 lakh in order to rationalise tax exemption for employees

from Tax Saving Investments | Tax Saving Tips & News | Income Tax India – Oneindia Money https://ift.tt/3yEVQ59
via IFTTT