Mehul Thakkar30 Jun, 2025Business
Best ESI PF Consultant in Ahmedabad by Payroll Solution Company in India. Tax Benefits: One of PFs' biggest benefits is the tax breaks they provide. Under Section 80C of the Income Tax Act, donations paid to PF accounts are deductible from taxes, lowering the contributor's taxable income. It is also a tax-efficient alternative because both the interest generated and the amount taken upon retirement are excluded from taxes.
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