Income Tax On EPF Withdrawal..

Provident fund is an important part of retirement planning of any person. You can not only get deduction in income tax by investing in provident fund, but you can also secure the life after your retirement. Both Fixed Deposit and Provident Fund are investment options in which a common man invests the most in his life. Both these types of investments give you a fixed return, but both have the most important differential taxation. Because the interest received from fixed deposits is taxable, while the return from provident fund (PF)…