Govt unlikely to review Rs 2.5 lakh threshold to tax PF interest

“Of course, PF is lifetime saving of the working class and the government is committed to ensure that they benefit. But we had to undertake reforms to ensure there is no misuse of the tax exemption on PF deposits,” said a senior government functionary.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/govt-unlikely-to-review-rs-2-5-lakh-threshold-to-tax-pf-interest/articleshow/81035006.cms