17. Provident Fund Treatment in Salaries | Unit-2 | Income Tax
UDDESHYA COMMERCE ACADEMY
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17. Provident Fund Treatment in Salaries | Unit-2 | Income Tax
15 677 просмотров · 1 год назад
UDDESHYA COMMERCE ACADEMY
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15 677 просмотров · 1 год назад
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🎯 Provident Fund (PF) in Salary | EPF, VPF & Tax Benefits Explained (2025 Update)
In this video, we decode the Provident Fund (PF) system in India — a key component of salaried employees' income and retirement planning. Whether you're new to the workforce or a seasoned professional, understanding how PF affects your salary and taxes is essential.
🔍 What You'll Learn:
✅ What is Provident Fund & its types: EPF, VPF, and PPF
✅ PF contributions by employee & employer
✅ Taxability of PF under the Income Tax Act
✅ Difference between Statutory PF, Recognized PF, Unrecognized PF & Public PF
✅ Tax exemptions on PF withdrawals
✅ Section 10(11) & 10(12) – PF interest & maturity rules
✅ Latest updates from the Union Budget 2025 regarding PF limits & taxation
📌 Why You Should Care:
PF is more than just a deduction on your payslip — it's a powerful tax-saving and retirement tool. Learn how to make the most of it and avoid tax pitfalls with early or excess withdrawals.
📢 Stay Updated & Smart With Your Salary!
👍 Like | 🔁 Share | 🔔 Subscribe
TIMESTAMPS:
0:00-1:40 - INTRODUCTION
1:41-9:01 - ILLUSTRATION
9:02-9:48 - PUBLIC PROVIDENT FUND
9:49-11:44 - ILLUSTRATION
11:42-15:09 - TAX TREATMENT OF EMPLOYEE AND EMPLOYER'S CONTRIBUTION
15:10-15:26 - CONCLUSION