Employer’s contribution to unrecognized provident fund – McqOptions

MCQOPTIONS

1.	Employer’s contribution to unrecognized provident fund
A.	Is exempt from tax
B.	10% of Salary of employee is taxable
C.	Is exempted subject to maximum of 2/5 of salary of the employee
D.	Is fully taxable
Answer» B. 10% of Salary of employee is taxable

Discussion

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