Income Tax Rules, 2002

CHAPTER-XV

RECOGNISED PROVIDENT FUNDS, APPROVED SUPERANNUATION FUNDS AND APPROVED GRATUITY FUNDS PART I RECOGNISED PROVIDENT FUNDS

From: 2023-11-01 - To: 0000-00-00 97. Limit on contribution by employers.- The Commissioner may relax the limits fixed under clause (c) of sub-rule (1) of rule 2 of Part I of the Sixth Schedule to the Ordinance for contribution of an employer to the individual account of an employee in any year provided that such contribution shall not exceed the following limits, namely:- (a) the employer’s aggregate contribution in any year including the normal contribution to the individual account of any one employee 1[***] shall not exceed double the amount of the contribution…