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Economy News

The Economic Times

Economy / The Economic Times

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PF exemptions to now align in full with EPFO rules

The Union Budget proposes changes to provident fund trust rules. These changes aim to simplify business operations and reduce legal disputes. Employer contributions to provident funds will no longer need to match employee contributions. Tax on employer contributions exceeding 12% of wages is also being removed.

3 Feb 2026 1:20 am