Provident Fund Contributions Above Rs 2.50 Lakh To Be Taxed: 10 Points

This comes at a time when retirement body EPFO has reduced interest rates to the lowest in more than 40 years for the ongoing financial year 2021-22 (FY 22). The reduction marks the lowest interest rate since 1977-78 when the figure stood at 8 per cent. EPFO is the top decision-making body Central Board of Trustees (CBT). Threshold Limits Under I-T Rules: For instance, a non-government employee puts Rs 5 lakh in PF account, Rs 2....