https://www.taxtmi.com/acts?id=53227 Amendments to Schedule XI align recognised provident fund rules with the Employees' Provident Funds Act and the monetary ceiling under section 17(1)(h). Employer annual contributions that credit interest to an employee's recognised provident fund balance at a rate exceeding the government fixed rate will be deemed received by the employee and included in his total income for that tax year. The amendments also remove salary based contribution parity, eliminate separate employee shareholder limits, and adjust investment restrictions to match EPF norms. en-us Sun, 01 Feb 2026 15:39:48 +0530 Mon, 02 Feb 2026 11:01:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53227 Amendments to Schedule XI align recognised provident fund rules with the Employees' Provident Funds Act and the monetary ceiling under section 17(1)(h). Employer annual contributions that credit interest to an employee's recognised provident fund balance at a rate exceeding the government fixed rate will be deemed received by the employee and included in his total income for that tax year. The amendments also remove salary based contribution parity, eliminate separate employee shareholder limits, and adjust investment restrictions to match EPF norms. Act-Rules Bills Sun, 01 Feb 2026 15:39:48 +0530 https://www.taxtmi.com/acts?id=53227