National

FM Nirmala Sitharaman taxes Provident Funds

New Delhi, 23 July : Itia tak, Employees’ Provident Fund (EPF) contributions dey sob interests tax-free thakishey. Huilewi, itu podli hui asey. Finance Minister Nirmala Sitharaman para tai laga Budget 2024 speech dey ekta significant padlav janai dishey. FY2021-22 para shuru kurina, EPF contributions dey itu interest toh ek saal dey ₹2.5 lakh tak uthia tax-free thakishey. Huilewi, Budget 2024 para propose kuri asey ki saal dey ₹2.5 lakh exceed kuria EPF contributions dey itu interest toh taxable asey. Ekta Reddit user para Prime Minister Narendra Modi 3.0 coalition government andar dey taxable items laga ekta image share kurishey. Dividends, stocks aro fixed deposits nishna maju dey, itu image dey ekta Provident Fund bhi dikhai asey. Employer laga EPF contribution dey Interest toh employee salary laga 12 pe tak tax-free asey. Khali ₹2.5 lakh exceed kuria contributions dey itu interest taxable asey employee laga contributions karney. Itu taxable interest ke individual laga total income dey milai asey aro taikhan laga income tax bracket hisab dey tax kuri asey.