2021年3月31日 · The annual DSOP/PF contributions exceeding ₹5 Lakhs are now subjected to Income Tax(Auth: MoF Notification No 95/2021/F dated 31 Aug 2021). How does this work? Your DSOP/PF statement will now have two accounts within the provident fund account.

2021年3月26日 · Essentially it means that if only the employees contribute to a PF, then the tax-free limit is Rs 5 Lakh for yearly contribution. DSOPF is one such PF where the employer (Govt) does not contribute anything to it, and hence, its tax-free contribution limit is …

2022年12月2日 · Since 01 Apr 2021, DSOP/PF subscriptions were limited to ₹5 Lakhs, and any amount greater than ₹5 Lakhs was being considered as a Fixed Deposit and was subjected to tax as per individual tax...

2021年3月11日 · PPF is a government scheme open to all citizens offering compounded returns with an exempt-exempt-exempt tax status. This is very similar to D.S.O.P. and A.F.P.P. in terms of the interest rate;...

2022年12月5日 · With effect from November 2022, Salary disbursing authorities (PCDAO (Pune)) have stopped taking the DSOP/PF amount beyond Rs.5 Lakhs. What does it mean for you? That means as your contribution hits Rs. 5 Lakhs ceiling, paying authorities will not accept any further contributions for that Financial Year.

2022年12月1日 · Since 01 Apr 2021, DSOP/PF subscriptions were limited to ₹5 Lakhs, and any amount greater than ₹5 Lakhs was being considered as a Fixed Deposit and was subjected to tax as per individual tax bracket. The same was reflected in Pay slip statement with two accounts within the provident fund account.

2022年11月24日 · DSOPF is a very flexible instrument which provides tax exemption under Income Tax Section 80C up to a maximum of Rs 1 Lakh. The rate of interest is also reasonable at 8.8\% per annum, though it is bound to go down now since the general interest rates in the economy as such are headed southwards. Is interest on DSOP taxable?

2024年3月28日 · Accordingly, ceiling of Rs. 5.00 Lakh is applicable on subscription to DSOP Fund w.e.f. F.Y. 2024-25. The minimum contribution to DSOP Fund is 6% of Monthly Basic Pay. The above order is effective from March 2024.

As per the said Notification dated 15.06.2022, the sum of the monthly subscription by a subscriber under the GPF during a financial year together with the amount of arrear subscriptions …

Starting from March 2024, Defence Services Officers are subject to a ceiling of Rs. 5.00 Lakh annually for subscription to the Defence Services Officers Provident Fund (DSOP), following directives from the Ministry of Defence and Department of Personnel & Training.