Under Budget 2021, the government has decided to reduce the tax benefits in a move to target high-income earners who benefit from the scheme.
source https://www.ndtv.com/business/changing-tax-exemptions-on-epf-10-points-to-be-aware-of-3153053
source https://www.ndtv.com/business/changing-tax-exemptions-on-epf-10-points-to-be-aware-of-3153053
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