Taxability of Interest earned on PF contributions | How is PF Interest Income taxed?

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Taxability of Interest earned on PF contributions | PF and new tax on interest | How is PF Interest Income taxed? discussed by CA. Satuti Mahajan.

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   • Taxability of Interest earned on PF c...

Finance minister Nirmala Sitharaman had announced in the Budget presented on Monday that employee contributions to EPF over ₹2.5 lakh a year would be taxable from April 1. ... The official said that banks deduct 10% tax on the interest that is accrued on fixed deposits.
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