Interest Earned On PF Contributions Above Rs.2.5 Lakh to Become Taxable

Interest Earned On PF Contributions Above Rs.2.5 Lakh to Become Taxable


The Union Budget 2021 presented on Monday restricted the tax-free return on investment in provident funds and in unit linked insurance plans (ULIP) at Rs 2.50 lakh each. Both these investment options are used by most middle-class salary earners to build post-retirement savings.
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