FM proposes simpler norms for employer contributions in PF trusts
Published on: Feb. 1, 2026, 7:41 p.m. | Source: The Economic Times
Finance Minister Nirmala Sitharaman has proposed simplifying provident fund (PF) trust rules by removing parity- and percentage-based limits on employer contributions. This aims to ease compliance and improve business operations. The changes will also address tax exemptions for senior management and align recognition with EPFO standards.
