If the interest on your Employees’ Provident Fund (EPF) account has been credited after the financial year ended, you're not alone. This is a common occurrence due to administrative delays. However, ...
Under the proposal, an employer can claim a deduction for employees PF contributions if the amount is deposited before the due date of filing the employers I-T return.
A key change concerns eligibility for tax exemption. Under the new framework, PF trusts will be recognised under the Income ...
EPFO said the rationalisation will serve the interests of all stakeholders by ensuring convergence between the Income Tax Act and EPF laws.
The Union Budget proposes changes to the Income Tax rules for provident fund trusts. These changes will align tax laws with the Employees' Provident Funds Act. This aims to simplify rules and reduce ...
Under the plan being considered, fund managers who deliver better investment performance could receive larger allocations of funds, encouraging stronger results in portfolio management.