PF under 8OC deduction

Q & A Forum › Category: Provident Fund (EPF & PPF) › PF under 8OC deduction

MP asked 8 years ago

Hi Sreekanth, I would like to know is it employee contribution or employer contribution or both that is considered for tax exemption under 80C? When I am calculating if my PF reaches 1.5L which contribution from EPF should i consider? Regards, MP

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Sreekanth Staff answered 8 years ago

Dear MP, Kindly note that your contribution (Employees) towards EPF will only be eligible for deduction under Section 80C of Income Tax Act. Related articles ; https://www.relakhs.com/income-tax-exemptions-fy-2017-18-list/ https://www.relakhs.com/tax-treatment-taxation-rules-investments-eee-eet/