EPF account will be divided into 2 parts,government took this big step

The Finance Ministry has notified the rules for calculation of tax on the interest received on the contribution of employees to the Provident Fund (EPF) in a year exceeding Rs 2.5 lakh. Let us tell you that in the budget of 2021-22, Finance Minister Nirmala Sitharaman announced to fix the limit of keeping the interest on the contribution of employees and employers jointly in the provident fund to tax free for a period of one year. did.
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