Tax treatment of Provident Fund?EPF SPF PPF URPF RPF

Posted: 12 Jun 2011 02:14 AM PDT

Both the employer and employee contribute towards Provident Fund. The contribution made by employees is out of their own income and therefore no question of taxation arises as the entire amount has already been taxed. The contribution by the employer is over and above salary of employee and therefore is seen as income of employee and taxed. The interest earned on the Provident Fund balance is on...

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