Under the proposal, an employer can claim a deduction for employees PF contributions if the amount is deposited before the ...

If a member turns 58 and doesn’t withdraw the EPF balance, interest is paid for up to three years from eligibility. After this period, the EPF account is marked inoperative ...

Withdrawing your EPF balance during a job change should be an exception in rare circumstances, not your default decision ...

A key change concerns eligibility for tax exemption. Under the new framework, PF trusts will be recognised under the Income Tax Act, 2025, only if they are exempt under Section 17 of the EPF Act, 1952 ...

EPFO said the rationalisation will serve the interests of all stakeholders by ensuring convergence between the Income Tax Act and EPF laws.

Top court agrees to hear plea on whether employees' PF and ESI contributions deposited late can still qualify for tax ...

The Union Budget proposes changes to the Income Tax rules for provident fund trusts. These changes will align tax laws with ...

The labour ministry is working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be ...

Penalty was imposed alleging misreporting due to belated PF/ESI remittance. The Tribunal ruled that a disclosed claim later disallowed does not fall under any clause of Section 270A(9), and deleted ...

In a move expected to bring relief to employers and reduce routine tax disallowances, the finance bill has proposed a key ...

EPFO hails Budget proposal to rationalise Income Tax for provident funds, aligning norms and serving stakeholders' interests.