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Page 7 - Epf

EPF flip-flop continues, govt now says will 'consider' taxing only interest

The latest twist came after Revenue Secretary Hasmukh Adhia earlier in the day said only interest on 60% of EPF would be taxed at withdrawal

EPF flip-flop continues, govt now says will 'consider' taxing only interest
Updated On : 01 Mar 2016 | 4:45 PM IST

Govt blinks on EPF, says only interest on 60% contribution to be taxed

The move to tax 60% of contributions effective April 1, 2016, had been roundly criticised since it would affect all salaried individuals

Govt blinks on EPF, says only interest on 60% contribution to be taxed
Updated On : 01 Mar 2016 | 3:31 PM IST

Tax on EPF: Online petition against retirement tax goes viral

Started by a finance professional Vaibhav Aggarwal, the appeal has support of nearly 3,000 people

Tax on EPF: Online petition against retirement tax goes viral
Updated On : 01 Mar 2016 | 2:21 PM IST