Tag Archives: PF

New Labour Laws: How new wage code will affect your take home pay, PF, house rent, gratuity, conveyance | EXPLAINED

New labour laws are in the offing for employees. That is because new rules under wage code are likely to be put into effect from April. This move will directly impact the employees pay. Once implemented, these codes will bring host of changes in salary structure as under the new laws, all …

Read More »

TAXPAYERS ALERT! TDS at higher rate, pre-filled ITR forms, EPF contribution—5 Income Tax rules that are changing from April 1

Income Tax new rules: Finance Minister Nirmala Sithraman presented her third Union Budget on February 1, 2021. She made several announcements that can have impact on how we file our Income Tax return from April 1. As she focused on health and infra boost, she also said senior citizens above 75 …

Read More »

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 …

Read More »