tag:blogger.com,1999:blog-5658905075966101464.post5302745731570978822..comments2023-03-31T06:02:24.910-07:00Comments on Untangling The Taxation Web: Use EPF to Reduce Your Income Taxgtchyehttp://www.blogger.com/profile/16483902492773694060noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5658905075966101464.post-11560885438680894252009-08-25T07:41:39.747-07:002009-08-25T07:41:39.747-07:00Employers’ income tax. That is why it is not benef...Employers’ income tax. That is why it is not beneficial for employers to contribute more than 7% of the statutory EPF rate. Section 34(4)(a) of the ITA.gtchyehttps://www.blogger.com/profile/16483902492773694060noreply@blogger.comtag:blogger.com,1999:blog-5658905075966101464.post-39214455358893138382009-08-20T15:02:28.136-07:002009-08-20T15:02:28.136-07:00"If an employer contributes more than 7% abov..."If an employer contributes more than 7% above the statutory rate, the excess is not allowed as a deduction when calculating the employers' income tax."<br /><br />Employer or employee's income tax? Where did you get this information from? ThanksAnonymousnoreply@blogger.com