https://www.taxtmi.com/acts?id=51807 Recognised provident funds are subject to approval or withdrawal by the approving authority, who must be satisfied that prescribed conditions are met. The Part defines key concepts such as employer, employee, contribution, annual accretion, accumulated balance due and salary, and sets conditions on trust structure, permissible fund assets, employer recovery limits, payment restrictions and limited relaxations. It also prescribes the tax treatment of employee contributions, excess interest, accumulated balances, transferred balances, accounting, appeals and related source-deduction rules. Separate provisions govern approved superannuation funds and gratuity funds, including approval conditions, tax consequences, disclosure duties and continuing trustee liability. en-us Thu, 14 Aug 2025 13:18:24 +0530 Thu, 02 Apr 2026 15:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51807 Recognised provident funds are subject to approval or withdrawal by the approving authority, who must be satisfied that prescribed conditions are met. The Part defines key concepts such as employer, employee, contribution, annual accretion, accumulated balance due and salary, and sets conditions on trust structure, permissible fund assets, employer recovery limits, payment restrictions and limited relaxations. It also prescribes the tax treatment of employee contributions, excess interest, accumulated balances, transferred balances, accounting, appeals and related source-deduction rules. Separate provisions govern approved superannuation funds and gratuity funds, including approval conditions, tax consequences, disclosure duties and continuing trustee liability. Act-Rules Income Tax Thu, 14 Aug 2025 13:18:24 +0530 https://www.taxtmi.com/acts?id=51807