# Interest on EPF Contributions above Rs 2.5 lakh is Taxable! **URL:** \ **Category:** Statutory Compliance\ **Tags:** epfo, interestrate, budget-2021\ **Created:** [February 3, 2021, 10:01am UTC](https://community.greythr.com/t/interest-on-epf-contributions-above-rs-2-5-lakh-is-taxable/1768 "2021-02-03T10:01:30Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![Swati](https://avatars.discourse-cdn.com/v4/letter/s/5f9b8f/32.png) [@Swati](https://community.greythr.com/u/Swati)\ **Post date:** [February 3, 2021, 10:01am UTC](https://community.greythr.com/t/interest-on-epf-contributions-above-rs-2-5-lakh-is-taxable/1768/1 "2021-02-03T10:01:30Z")
Hi, Sharing- “As per the provisions of the Finance Bill, from April 1, 2021 onwards, the interest on any contribution above Rs 2.5 lakh by an employee to a recognised provident fund is taxable. That is, if the total employee PF contribution (mandatory + voluntary) contribution is more than 2.5 lakh, the interest earned on the excess amount will be taxable as per slab” [source](https://www.businesstoday.in/union-budget-2021/decoding-the-budget/interest-on-epf-contribution-above-rs-25-lakh-to-be-taxable----what-it-means-for-you/story/429902.html) ---
**Author:** ![Vidyaranjan](https://avatars.discourse-cdn.com/v4/letter/v/858c86/32.png) [@Vidyaranjan](https://community.greythr.com/u/Vidyaranjan)\ **Post date:** [February 10, 2021, 9:13am UTC](https://community.greythr.com/t/interest-on-epf-contributions-above-rs-2-5-lakh-is-taxable/1768/2 "2021-02-10T09:13:38Z")
Good information share @Swati . ---
**Author:** ![I\_am\_the\_Cosmos](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/i_am_the_cosmos/32/1048_2.png) [@I\_am\_the\_Cosmos](https://community.greythr.com/u/I_am_the_Cosmos)\ **Post date:** [February 27, 2021, 5:15pm UTC](https://community.greythr.com/t/interest-on-epf-contributions-above-rs-2-5-lakh-is-taxable/1768/3 "2021-02-27T17:15:29Z")
Not a good move by the Govt.