How to calculate taxable portion of interest on PF contribution?

The CBDT has notified Rule 9D for calculation of the taxable portion of interest pertaining to the contribution made to a statutory or a recognized provident fund in excess of threshold limit of Rs. 2.5 lakh or 5 lakhs as the case may be.The CBDT has notified Rule 9D for calculation of the taxable portion of interest pertaining to the contribution made to a statutory or a recognized provident fund in excess of threshold limit of Rs. 2.5 lakh or 5 lakhs as the case may be.taxmann.com NewsRead More

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