Interest income from PF to be taxed akin to interest from FDs

Interest income from PF to be taxed akin to interest from FDs

This means that the interest earned on the part of provident fund contribution that is above Rs 2.5 lakh would be added to the total income of the taxpayer, which is usually taxed at the rate corresponding to the tax slab applicable for the income.
Check the source here –Source, Financial Express.

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