Tax on GPF: Tax will have to be paid on interest earned on GPF, new rule from April 1

Tax on GPF: Tax will have to be paid on interest earned on GPF, new rule from April 1

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New GPF Rules: In August 2021, the Central Government amended the Income Tax Rules 1962 for the calculation of tax on GPF interest. According to this, the limit for putting money in GPF is Rs 2.5 lakh for non-government employees and Rs 5 lakh for government employees.

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