taxability of Provident Fund
Raj Thakkar (ARTICLE) (382 Points)
17 July 2019
What will be the tax implications of the amount received as provident fund at the time of retirement?
1 Replies
shivpriya maurya
(61 Points)
Replied 17 July 2019
Generally If pf is contributed by employee then it's gets deduction u/s 80c
otherwise contribution by employer then upto 12% of pf is exempt and rest is taxable.
otherwise contribution by employer then upto 12% of pf is exempt and rest is taxable.
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