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Check your EPF trust status! Don’t lose Section 80C tax benefits on Employees’ Provident Fund tax - check details

IndiaTimes Friday, 17 May 2024
Employees should understand their employer's EPF setup for optimal tax benefits. Contributions to EPF accounts managed by EPFO or an exempted trust offer advantages. Unexempted EPF trusts have tax implications. Employers' role in managing EPF schemes is crucial, affecting tax benefits. Knowledge of the EPF withdrawal process and account access enhances financial planning.
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