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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Public Provident Fund officially recognized under section 80C of Income-tax Act, 1961 for tax benefits.</h1> The Central Government has officially notified the Public Provident Fund, established under the Public Provident Fund Scheme, 1968, as a recognized provident fund under sub-clause (iv) of clause (a) of sub-section (2) of section 80C of the Income-tax Act, 1961. This notification, identified as S.O.2431 and dated July 2, 1968, confirms the applicability of the specified sub-clause to the Public Provident Fund for income tax purposes.
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