10-01-2011, 03:15 PM
Dear!
my employer is maintaining a PF Fund, in which it contributes an amount equal to the contribution of employee (On Monthly Basis) and profit is paid on entire balance yearly (Profit Till Jun-10 was paid in Aug-2010). I want to Know that whether such contributions of employer & Profit on PF is taxable or are there any exemption[?]
Regards
my employer is maintaining a PF Fund, in which it contributes an amount equal to the contribution of employee (On Monthly Basis) and profit is paid on entire balance yearly (Profit Till Jun-10 was paid in Aug-2010). I want to Know that whether such contributions of employer & Profit on PF is taxable or are there any exemption[?]
Regards
