What happens to the contribution made for a provinent fund in calculating net tax?

Contributions made to a provident fund are typically tax-deductible, meaning they can be deducted from your taxable income when calculating your net tax liability. This can help reduce the amount of tax you owe to the government. However, there are certain limits and conditions that apply to the tax deductibility of provident fund contributions, so it is important to consult with a tax professional or financial advisor for specific guidance on how these contributions will impact your net tax liability.