Hi Nagarro Folks,
Can anyone guide whether PF maximization will help in tax saving? I already have PPF for 1.5 lacs so employee deduction wont benefit under 80c. I am not sure about employer contribution part. Anyone who has maximized their PF contribution, please guide.
Nagarro

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Employer contribution also tax free

Employer contribution will become tax free. Now it is 1800. After maximization it will be you basic*.12

So its suggested to maximize PF to save tax on the employer contribution part.

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