Contributions made by employee and employer to EPF are exempt respectively for both. The employer’s contribution is tax-exempt at its source. Whereas, the employee’s contribution is tax deductible under section 80C up to a maximum of Rs. 1.5 lakh per annum for 2019-2020 and 2.5 lakhs per annum 2021-2022. Thus, employee’s contribution is eligible to for tax-exemption only under section 80C.