Tag Archives: Provident Fund

Income Tax Business Application -Gratuity, Superannuation and PF Approval

By | October 29, 2016

F.No. System/ITBA/Instruction/Administrative/178/2016-17/ Dated: 24/10/2016 To All Principal Chief Commissioners of Income-tax/ CCsIT (By Name) All Principal Commissioner of Income-tax/CsIT/CsIT(CO) (By Name) Subject: Launch of Income Tax Business Application (ITBA) – Administration Functions Module Phase-2 (Gratuity, Superannuation and Provident Fund Approval) – Reg. Sir/Madam, This is in reference to the subject mentioned above. The functionality for… Read More »

Govt clarify Tax Treatment for Provident Fund & National Pension System

By | March 1, 2016

Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment for recognised Provident Fund & NPS. The following clarifications are given in this matter:- (i)… Read More »