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Tag Archives: EPF

Govt clarification on controversial tax on EPF

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Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment for recognised Provident Fund & NPS. The following clarifications are ...

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Payment Employee Provident Fund through Internet banking only

As per the Order dated 24th June 2015 by Central Provident Fund Commissioner, the payment towards Employee Provident Fund (EPF) contributions has to be made electronically through internet banking facility Summary – Establishments remitting contribution above Rs.100000 per month have to mandatory remit dues through internet banking only with immediate ...

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