Many leading PSU banks offer the 444-day FD at attractive interest rates to general, senior and super senior citizens. From State Bank of I...

According to tax experts that ET Online spoke with, this limit will be applicable only in certain specified conditions and will not benefit...

“Of course, PF is lifetime saving of the working class and the government is committed to ensure that they benefit. But we had to undertake...

Sources told TOI that the government is looking to prescribe two sets of accounts for those contributing over Rs 2.5 lakh annually. The fir...

Effective interest earned will fall sharply, particularly for those in topmost income slabs. The return falls marginally to 8.06% for someo...

This is not the first time the government has proposed to tax Provident Fund money. A significant number of salaried employees use the Volu...

“The cap is not applicable on PPF because there is already a limit of ₹1.5 lakh contribution in a year to PPF,” the official said. The gove...

“One of the highest contributors has more than ₹103 crore in his PF account, followed by two second highest ones having more than ₹86 crore...

The sources said that there are more than 4.5 crore contributors’ accounts in EPF. Out of these more than 1.23 lakh accounts are of HNIs wh...

The 2021 budget has also proposed to remove the tax exemption under Section 10(10d) to Ulips with a premium of more than Rs 2.5 lakh a year...

On the plain reading of the budget documents, it appears that tax will apply to the interest earned on contributions made to Employees' Pro...

In the budget announced on Monday, the govt said interest earned on Employees’ Provident Fund contributions of ₹2.5 lakh and above a year w...

The tax on PF interest comes after the last budget had capped the tax exemption on employers’ contribution to PF, NPS and superannuation fu...

At the time of withdrawal, the PF authorities will deduct tax at 10% on entire PF proceeds (assuming you have furnished your PAN to the PF ...

The Income Tax Department has made changes in the ITR forms 2 and 3 applicable for FY 2017-18 to ascertain whether the PF withdrawal made b...

Income received from PFs outside India cannot be taxed, even if it is transferred to an Indian account subsequently. Our expert explains.

There is ambiguity over how the 1% differential between EPF rate and the tax-free ceiling should be treated while crediting interest to emp...