# Taxable PF Interest

**URL:** <https://community.greythr.com/t/taxable-pf-interest/4437>\
**Category:** Income Tax\
**Created:** [March 25, 2022, 8:37am UTC](https://community.greythr.com/t/taxable-pf-interest/4437 "2022-03-25T08:37:02Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![sneham95](https://avatars.discourse-cdn.com/v4/letter/s/ecccb3/32.png) [@sneham95](https://community.greythr.com/u/sneham95)\
**Post date:** [March 25, 2022, 8:37am UTC](https://community.greythr.com/t/taxable-pf-interest/4437/1 "2022-03-25T08:37:02Z")

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Hi

PF interest on employee contributions towards PF+VPF above Rs. 2.50 lakh is taxable. Have few questions:

- From which financial year it tis to be considered?
- What rate to be considered for the purpose of calculation?
- Whether interest is to be calculated on monthly bearing balance?
- Is it employers responsibility to include in taxable income & deduct TDS?
- GreytHR is not calculating this automatically. Is their any settings or configurations?

Would appreciate reply on these queries as we have to finalise tax working for FY 21222.

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**Author:** ![mohanjacob](https://avatars.discourse-cdn.com/v4/letter/m/65b543/32.png) [@mohanjacob](https://community.greythr.com/u/mohanjacob)\
**Post date:** [March 25, 2022, 10:04am UTC](https://community.greythr.com/t/taxable-pf-interest/4437/2 "2022-03-25T10:04:41Z")

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It is applicable for FY 22. But as you can see, it is still not clear how and when this liability is to be computed with less than a week left for finalising the tax liability.

[PF Details.pdf](https://community.greythr.com/uploads/short-url/31IqsnGoQFxXTA1yGKlahs1evPP.pdf) (591 KB)