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21 April 2011 i am ipcc student, in latest LAW amendments i EPF has been increased to 9.5% but is it applicable to income tax (income u/h salary)????
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CA. Deepak Narula

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CA. Deepak Narula (Expert)
21 April 2011 in income tax it is already provided that interest on epf over and above 9.5% will be taxable and contribution by emplyer over and above 12% is taxable.

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