Sarvesh KoushikSarvesh Koushik asked 2 years ago

Is the recent amendment( removal of percentage limit of 7.5%) applicabe for Nov-17 exam.
Since RTP mentions that contributions cant be made exceeding 7.5%.

1 Answers
Auditaudit Staff answered 1 year ago

It is Finance Act 2017 amendment so logically it should not have been applicable, as Finance Act 2016 is applicable to Nov 17 exams but now as RTP has covered it follow it.
So no limits for some companies.

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