INSUBCONTINENT EXCLUSIVE:
Government may raise the tax-free provident fund limit in the forthcoming budgetThe government may double the limit for tax-free
contributions in provident fund for all salaried employees to up to Rs 5 lakh per annum in the forthcoming union budget 2022-23, a report
capping of tax-free annual provident fund (PF) contributions to Rs 2.5 lakh for availing tax-free interest income, the limit was later
Hindustan Times, the government may raise the limit to Rs 5 lakh per annum for all salaried employees.According to the report, the
government has received several representations towards enabling this provision
These representations basically stressed on the point that since the provision benefitted only government employees, it should be
