Rate of Interest accruing to a particular employee by virtue of his em – McqOptions

MCQOPTIONS

1.	Rate of Interest accruing to a particular employee by virtue of his employer s contribution to Recognized Provident Fund is 12.5% p. a. In such a case
A.	Total Interest accrued is taxable
B.	Total Interest accrued is exempt
C.	Only 10% Interest is taxable
D.	Only 3% of interest is taxable
Answer» E.

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