Tag: Tax Liability
Tax liability of EPF subscribers will increase with lower contribution
As part of the stimulus package, the Government had lowered the contributions of the employers and employees, towards the Employees’ Provident Fund (EPF) from...
Budget 2016-17: Government adds tax to Employees’ Provident Fund
GOI has proposed to bring EPF at par with NPS, which has a tax rebate on 40 per cent of the corpus while the remaining 60 per cent is taxable.