As per the rules, the employer’s contribution towards PF for a particular month should be deposited by the 15th of the following month, so that the interest accrual begins with effect from the first of the month after that. However, if the employer does not deposit the contribution at all...
For all contributions made by employees (not employer) inEPF or VPF, which exceed Rs. 2.5 lakhs in a year, any interest earned on this excess amount will be subject to regular taxation. any balances in EPF that you will have till 31 March 2021 or interest earned on them in the futurea...
(DC) plan each employeehas an account intowhich the employerand, if it is a contributory plan, the employee make regular contributions. Benefit levels depend on the total contri- butions and investment earnings of the accumulation in the account. Often the employee has some choice regarding the...