Monday, February 1, 2021

Interest on PF contribution above Rs 2.5 lakh to be taxable

The 2021 budget has also proposed to remove the tax exemption under Section 10(10d) to Ulips with a premium of more than Rs 2.5 lakh a year. This will not apply to existing Ulips, but only to policies sold after 1 February this year.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3pGmLtm

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