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Pension fund deduction claims?

Posted 27 January 2014 under Tax Questions



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I am salaried individual PF deducted @12% , apart from that I am contributing to VPF also(Which is under 80C).

When ask for tax exemption for the VPF amount what I had paid, they say you are not eligible to claim, since already 12% deducted from your basic.

Please any document proof if available

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TaxTimTaxTim says:
27 January 2014 at 9:14

Pension Fund contributions are limited to a 7.5% of Retirement Funding Employment Income so any amount contributed to pension funds, as a whole, which exceeds this amount will not be eligible for a claim.


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