Tag: PF Contribution
Threshold limit of tax-free interest on PF contribution is now Rs...
In the 2021-22 Budget, it was announced that the interest earned on the provident fund contribution by employees and employers will be tax free...
Budget 21: What HR feels about the measures announced
On Feb 1, Union Finance Minister Nirmala Sitharaman announced the budget for the year 2021. A lot of emphasis has been put on reviving...
‘Basic wages’ masked as ‘allowances’ will be considered for PF contribution
The Supreme Court of India yesterday passed a path-breaking judgment, which ruled that ‘special allowances’ were actually part of the basic pay but only...
EPFO considers reduction in PF contribution
The agenda for lowering the rate of contribution from the present 12 per cent to 10 per cent was considered, in a meeting of the Central Board of Trustees (CBT) and Employees’ Provident Fund (EPF).