Tag: Automated Income Tax Calculator All in One for the Govt and Non-Govt employees for F.Y.2022-23

New G.P.F/EPF/VPF Income Tax Rules You Should Know| With Automatic Income Tax Preparation Excel Based Software All in One for the Govt and Non-Govt Employees for F.Y.2022-23

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New G.P.F / EPF / VPF Income Tax Rules You Should Know | New Pension Fund Income Tax Rule: The CBDT has notified entities to maintain two separate PF accounts. One of the accounts will be for taxable contributions and the other for non-taxable contributions starting April 1, 2021. Therefore, • New income tax rules for the GPF: following the pension fund rationalization announced in the 2021 budget, the Central Board of Direct Taxes (CBDT) introduced rule 9D of the income tax rules, 1962 In other words, New Income Tax Rules for the GPF:…