Interest credited to statutory provident fund shall be :

CS Executive · Tax Laws and Practice · PYQS · June 2017
Interest credited to statutory provident fund shall be :
(A) Fully exempt
(B) Exempt upto 8.5% p.a.
(C) Fully taxable
(D) Exempt upto 9.5%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax

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