Many salaried employees take advantage of Section 80C tax benefits for their contributions to the Employee Provident Fund (EPF).
However, few realize that if the EPF trust fails to meet certain specified conditions, both the employer’s and the employee’s contributions will become taxable for the individual.
In this article published in the @Economic Times, I provide insights on employee contributions to the EPF and the related provisions under Section 80C.
Read the full article here
https://lnkd.in/dH_QQNtZ
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