Tax on Provident Fund interest: Will interest on PPF, GPF, CPF contributions also become taxable?

Tax on Provident Fund interest: Will interest on PPF, GPF, CPF contributions also become taxable?
 

Union Budget 2021

After it was declared in the Union Budget 2021-22 that the interest earned on Provident Fund contributions above Rs 2.5 lakh in a financial year will become taxable, people are concerned whether the Rs 2.5 lakh limit will be applicable on GPF (General Provident Fund) and CPF (Contributory Provident Fund) also

Dr. Suresh Surana, Founder, RSM India shares his views on the same with The Financial Express

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