PF Exemption Under Income Tax
CiteLegal
 
HOME RISE NEW ABOUT LOGIN
Home > Human Resource Section > Talk To Seniors

PF Exemption Under Income Tax

ellendula Started The Discussion:

Hi, Whether i have to consider 24% of EPF for tax exemption purpose u/s 80C (12% by employer & 12% by employee = 24%) or only should i consider 12% share by employee. kindly suggest

radha krishna panda - Member Since: May 2007
Hai
Please consider your share only because it is the part of saving on your income. If you want to save above 12% of your income you can go for Voluntary excess ontribution which will also be exempted fro IT.

RKP

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.






Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


1994
VIEWS

1
REPLY

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network