https://www.taxtmi.com/acts?id=20498 Rule 6 of the Fourth Schedule is amended to impose an upper ceiling on employer contributions to recognised provident funds for purposes of taxing contributions in excess of twelve per cent of salary, thereby capping the taxable measure of excess employer contributions. Rule 8 is expanded to treat the full transfer of an employee's provident fund balance into a notified pension scheme as an explicit alternative transfer route under the Schedule. The amendments operate from 1 April 2017. en-us Mon, 29 Feb 2016 17:14:13 +0530 Mon, 29 Feb 2016 17:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20498 Rule 6 of the Fourth Schedule is amended to impose an upper ceiling on employer contributions to recognised provident funds for purposes of taxing contributions in excess of twelve per cent of salary, thereby capping the taxable measure of excess employer contributions. Rule 8 is expanded to treat the full transfer of an employee's provident fund balance into a notified pension scheme as an explicit alternative transfer route under the Schedule. The amendments operate from 1 April 2017. Act-Rules Bills Mon, 29 Feb 2016 17:14:13 +0530 https://www.taxtmi.com/acts?id=20498