EPF contribution of over Rs 2.5 lakh now requires 2 PF accounts

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Hi,

EPF contribution of over Rs 2.5 lakh now requires 2 PF accounts. Need more details.

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Hi

It is not yet clear, weather the department will create the second account for the contribution above 2.5 lacs and charge tax on that interest amount.

Thanks and Regards

Natarajan S

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Raghu

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