Income tax on EPF interest for contributions above 2.5 Lakhs?


My question related to this topic( Tax on PF interest - Budget 2021 - Ask the Community / Union Budget 2021-22 - greytHR Community).

How much income tax need to be paid on EPF interest for contributions above Rs 2.5 Lakhs?

Please guide.


The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be added to the taxable income and taxed at the normal rates. This will only apply to the employee’s contribution and not that of the employer.

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