Calculation of Income Tax on Interest of GPF on contribution more than 5 Lakhs Rupees during F. Y – 2021-22

Govt has issued guidelines on calculation if income tax on interest of GPF on contribution above Rs 5 Lakh during F Y 2021-22.  As per the letter issued by Accounts Department of Ministry of Defence dated 18 Feb 2022, following points may be taken into account regarding the issue : (i)         Exercising the powers conferred […]

Calculation of Income Tax on Interest of GPF on contribution more than 5 Lakhs Rupees during F. Y – 2021-22 Read More »