alleryStart learning →With employer contribution also present, interest on employee PF deposits above what yearly total is taxable?
ARs 2.5 lakh
BRs 1 lakh
CRs 5 lakh
DRs 7.5 lakh
Answer & Solution
Correct answer: A. Rs 2.5 lakh
Interest relating to employee contributions above two lakh fifty thousand rupees in a year is not exempt where the employer also contributes.
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