How much tax do you pay on PF over 2.5 lakhs?
This comes at a time when
the Employees Provident Fund Organization (EPFO) has reduced interest rates to
8.1% for the current financial year 2021-22 (FY 22). “The interest earned on
the employee's contribution to the provident fund account will be taxed if the
contribution amount in a financial year exceeds Rs 2.5 lakh