The EPFO and organisations that manage contributions of employees in-house are looking for information on issues such as the withholding tax liability and the timing of the taxation. There is also ambiguity on whether the taxable portion of interest is required to be offered to tax each year on an accrual basis or taxed lumpsum at the time of withdrawal of the corpus on retirement.from Economy-News-Economic Times https://ift.tt/ATu0BGE
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