EPF tax may return in new packaging Government looks for ways to mitigate backlash, may apply levy on people earning above a certain base. New Delhi: The controversy over it may have settled down for now, but the employees’ provident fund (EPF) tax will likely return with a different name and approach. The central government is now figuring out the mechanics of levying the … [Read more...] about EPF tax may return in new packaging
EPF
Government may restore some tax benefits on EPF
Government may restore some tax benefits on EPF NEW DELHI: The government is set to restore some of the tax benefits on Employees Provident Fund (EPF) as early as Tuesday. The Budget has proposed to tax 60% of the EPF corpus at the time of withdrawal, but deposits made up to March 31, 2016 would be exempted from the proposed levy. The government is considering several … [Read more...] about Government may restore some tax benefits on EPF