{"id":18726,"date":"2021-05-27T09:40:47","date_gmt":"2021-05-27T04:10:47","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=18726"},"modified":"2021-05-27T18:16:50","modified_gmt":"2021-05-27T12:46:50","slug":"taxability-of-interest-on-vpf","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/taxability-of-interest-on-vpf\/","title":{"rendered":"Taxability of Interest on VPF."},"content":{"rendered":"<p>Sir,<\/p>\n<p>Kindly clarify on the following issue in connection with investment under VPF for Private sectors.<\/p>\n<p> If the investment under VPF is above 3 Lacs during the FY2021-22, what will be tax effect and how much can be claimed as exemption<br \/>\n If the VPF accumulation upto 31.03.2021 is Rs. 10 Lacs.\u00a0 What is the taxability?<br \/>\n Interest credited to the account will be on accumulated VPF amount, How to claim exemption and arrive the taxable interest?<br \/>\n Whether interest taxable above Rs 2.5 Lacs is on Contribution made during the year or on the accumulation in the account?<br \/>\n<\n<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[165,144,209],"class_list":["post-18726","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-exemption","qa_tag-interest","qa_tag-investment-under-vpf"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/18726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18726"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18726"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=18726"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=18726"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=18726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}