Tag: No Tax Relief on EPF Interest

No Tax relief for employee on EPF Interest

Tax laws provide that interest credited to an employee provident fund (EPF) account after an individual ceases to be in employment is taxable in his hands in the year of credit. In its recent order, the Bengaluru bench of the Income-Tax Appellate Tribunal (ITAT) also upheld this I-T provision while determining the matter of a retired employee. … Continue reading “No Tax relief for employee on EPF Interest”

Read More