https://www.taxtmi.com/acts?id=3899 Limits are prescribed on contributions to a recognised provident fund maintained by a company. Where an employee holds shares in the company carrying voting power exceeding ten per cent, the combined employee and employer contribution is subject to a monthly ceiling. The rule also caps the employer's aggregate annual contribution to an eligible employee's individual account at twice the employee's contribution, and limits contingent bonuses and other bonus contributions to the employee's annual contribution, subject to specified exceptions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 21 May 2026 11:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3899 Limits are prescribed on contributions to a recognised provident fund maintained by a company. Where an employee holds shares in the company carrying voting power exceeding ten per cent, the combined employee and employer contribution is subject to a monthly ceiling. The rule also caps the employer's aggregate annual contribution to an eligible employee's individual account at twice the employee's contribution, and limits contingent bonuses and other bonus contributions to the employee's annual contribution, subject to specified exceptions. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3899