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    Taxation on EPF - can someone explain how it's gonna work?

    @robmac76 It depends on salary structure of company. Generally i have observed basic salary to be 40-50% of base salary. By that calculation OP will have around 70L-87.5L base salary
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    Taxation on EPF - can someone explain how it's gonna work?

    @svs1957 There are 2 different taxes here: 1. Tax exemption on salary under 80C: This limit is 1.5L as of now. Whatever money you deposit above 1.5L won't be eligible for tax deduction (employee PF + VPF). Tax emeption on interest accrued: Whatever money you contribute(employee PF+ vpf) above...
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