Employer’s contribution to PF over Rs. 7.5 lakh set to be taxed

Employer’s contribution to PF over Rs. 7.5 lakh set to be taxed

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The provision will lead to higher tax liability on both the employee and the employer, a senior government official told ET. Another official ET spoke to said it was indeed a revenue mobilisation measure, though the proceeds would be small.

from News-Economic Times https://ift.tt/2uTc3bz

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