Tag Archives: PF above Rs 2.5 lakh

Interest on PF contributions above Rs 2.5 lakh pa to be taxed: What does this mean, how it affects common man and middle class – EXPLAINED

Union Finance Minister Nirmala Sitharaman on Monday announced the Budget 2021, her third budget overall. The Finance Minister kept the income tax slab intact, much to the disappointment of the common man.¬†However, she also made an announcement regarding the interest earned on provident funds. The Budget for the fiscal year …

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