Tax liability of EPF subscribers will increase with lower contribution Compensation & Benefits May 19, 2020 As part of the stimulus package, the Government had lowered the contributions of the employers and employees, towards the Employees’…
Budget 2016-17: Government adds tax to Employees’ Provident Fund News March 1, 2016 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.