https://www.taxtmi.com/acts?id=3890 Nomination under the recognised provident fund rules allows an employee to appoint one or more persons to receive the amount standing to his credit on death, subject to prescribed forms and validity conditions. If more than one nominee is named, the shares must be specified so that the whole amount is covered. Where the employee has a family, nomination must be in favour of family members; if no family exists initially, a later-acquired family invalidates a prior non-family nomination. The nomination may be modified by written notice, and it operates only to the extent valid when received by the trustees. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 21 May 2026 11:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3890 Nomination under the recognised provident fund rules allows an employee to appoint one or more persons to receive the amount standing to his credit on death, subject to prescribed forms and validity conditions. If more than one nominee is named, the shares must be specified so that the whole amount is covered. Where the employee has a family, nomination must be in favour of family members; if no family exists initially, a later-acquired family invalidates a prior non-family nomination. The nomination may be modified by written notice, and it operates only to the extent valid when received by the trustees. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3890