Make your Employers Pay PF

PF is a log term investment and one of the lowest risk investment avenues. It is also tax deductable. Moreover there are some companies (not private) which contributes an equal amount to your PF account on your behalf. Many of the companies do not provide an option of PF. But ask your employer to pay PF, as it is tax deductable. If your PF amount do not exceed 1 lakh, then you need not pay any tax. The amount you have invested, the amount your company has invested and the interest earned on these accounts are tax-free.