Your DSOP/ PF subscriptions beyond ₹5 Lakhs are now taxable. What should you do?
The annual DSOP/PF contributions exceeding ₹5 Lakhs are now subjected to Income Tax(Auth: MoF Notification No 95/2021/F dated 31 Aug 2021). How does this work? Your DSOP/PF statement will now have two accounts within the provident fund account. Wherein, one will capture the non-taxable portion of contributions and the other shall contain information about the […]