The notification issued by department of revenue (CBDT) dated 31st August 2021, the interest relating to contribution in a provident fund, exceeding specified limit of Rs.2.5 Lakh shall be part of taxable income of the subscriber
For Example :
Employee Death Benefits in EPFO & ESIC
Here is a clear overview of Employee Death Benefits under EPFO(Employees’ Provident Fund Organization) and ESIC(Employees’ State Insurance Corporation). EPFO (Employees’ Provident Fund Organization) – Death Benefits Here’s a comprehensive…
