Budget 2026 has quietly changed how EPF-related deductions are linked to the income tax return (ITR) filing timeline. A ...
Under the proposal, an employer can claim a deduction for employees PF contributions if the amount is deposited before the ...
A key change concerns eligibility for tax exemption. Under the new framework, PF trusts will be recognised under the Income ...
EPFO said the rationalisation will serve the interests of all stakeholders by ensuring convergence between the Income Tax Act and EPF laws.
The Budget proposes strict penalties for delays in filing tax audit reports. If the audit report is delayed by up to one ...