Accountancy, asked by divyakadam262, 1 month ago

Interest on .... P. F. is exempt up to 9.5% * Statutory Recognised Unrecognised PPF​

Answers

Answered by gitadevishwa
1

Explanation:

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Answered by aparuparava07
3

Answer:

Contribution to 12% of salary is exempt, above that is added to salary income of the employee. Any interest over and above 9.5% is added to Income from Salaries. Until 9.5% interest is exempt. Exempt subject to certain conditions*.

Explanation:

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