Is Employer PF Contribution will comes under exemption( Sec 80 C)?

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Hi Guys, Interesting question raised by the customer and he is having 20+yrs experience.

  • He is promising both employee & employer contribution is applicable under 80 C for max up to 1.5 Lakhs. Can you please update is there any provision applicable for considering Employer Contribution? If yes, can you please share the Gazzate notification on this?

Customer referring this link: Provident Fund – ClearTax Help Center

Regards

Suresh P

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Employer Share cannot be a part of 80C, 80C is for employee investments. Employer share cannot be recovered from the employee, it can be a part of CTC but not Gross. As employee is not contributing this amount he cannot claim this under 80C. However as this amount is not a part of employees earnings employer share is exempted upto 7.5 lakhs.

Regards,
Sayali

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