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EMPLOYER PF CONTRIBUTION TAXABILITY

This query is : Resolved 

30 July 2022 Respected Sir ,
My Emloyer Added PF Employer Contribution In My Salary
It is Exempt or Taxable ?
can I Calim as exempt Income in Income Tax Return

30 July 2022 Employers contribution of PF to recognized fund is tax free under IT act

30 July 2022 If the employer's contribution to the recognized provident fund is in excess of 12% of salary, then such contribution can be added to salary of employee. Otherwise, employer committed a mistake to be corrected from their end.


30 July 2022 Thanks al to of sir for Replies ,
But 80ccd(2) is for Pension Scheme , it will be applicable also in PF Contribution ???

30 July 2022 80CCD(2) is not applicable to RPF, but applies to NPS and pension scheme notified in 2003.

30 July 2022 Thanks a lot For Sir For Replies



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