Tax on Interest earned on PF – A Shot Hits the Bull’s Eye

There are only a few investment opportunities which operate in a complete Exempt-Exempt-Exempt Category (EEE). An Investment with EEE status that too without any threshold limit is a goldmine for the taxpayer but a landmine for the revenue. Possibly, contribution to employee provident fund is the only investment which has a EEE status without any threshold limit. The Govt. has attempted many times in the past to allow the EEE status for the EPF only up to a certain extent. But it failed. HoweverThere are only a few investment opportunities which operate in a complete Exempt-Exempt-Exempt Category (EEE). An Investment with EEE status that too without any threshold limit is a goldmine for the taxpayer but a landmine for the revenue. Possibly, contribution to employee provident fund is the only investment which has a EEE status without any threshold limit. The Govt. has attempted many times in the past to allow the EEE status for the EPF only up to a certain extent. But it failed. Howevertaxmann.com Latest ArticlesRead More

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