Has your EPF interest become taxable after latest salary increments? Here's how to check - Economic Times


7/13/2022 12:00:00 AM2 years 9 months ago
by Preeti Motiani

The mandatory EPF contribution made to an individual account is calculated on the basic salary amount. Post the appraisal season, as your salary hikes, even the EPF contribution will also hike. If the EPF contribution in a financial year (including VPF) excee…

Over the last couple of months, many employees would have received their annual increment letters. Along with an increase in the total salary of the individual, one will also see a hike in the amount… [+3685 chars]

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