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Does the Provident Fund qualify for a tax exemption under section 80C?

Question

Does the Provident Fund qualify for a tax exemption under section 80C?

Expert Answer
Answered 25 Nov 2022
2133 views

The provident fund does fall under section 80C. Recognized provident fund and unrecognized provident fund are the two types of PF. An employee may claim a deduction for the money that he, not the employer, provided.

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