Mirror Now
@mirrornow·2.2M subscribers·145K videos
FAQ: Can PF be saved from being taxed? - Property Hotline
Posted
May 26, 2016
Views
126
Comments
1
Engagement
0.79%
May 26, 2016
126
1
0.79%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
3:13Now PlayingExpert: Ashish Sodhani, Associate international tax practice, Nishith Desai & Associates.
Q: The interest earned on our PF is taxed. How can I avoid taxation of the provident fund? Is the money of PF, if invested in real estate, still taxable?
Answer: The interest would become taxable if its increase above 9.5% however you have been in the company for more than 5 years or your EPF is continued for more than 5 years, you can claim any deduction you are taking from the income tax after you receive the full amount and pay taxes accordingly. Many people use their money in the PF (provisional fund) to fund their home at the end of their career. That money, which you invest in real estate, is taxable anyway although the interest amount is taxable not the principle and the accrued amount saved for years.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
