The Employees’ Provident Fund Organisation (EPFO) is set to roll out an upgraded version of its Electronic Challan-cum-Return (ECR) system starting from the September 2025 wage month. This major ...
Under the plan being considered, fund managers who deliver better investment performance could receive larger allocations of funds, encouraging stronger results in portfolio management.
EPFO praises the 2026-2027 Budget's tax reforms for aligning provident fund regulations, enhancing stakeholder interests and reducing confusion.
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.