EPFO Applauds New Income Tax Regime for Provident Funds

The Employees' Provident Fund Organization (EPFO) has expressed appreciation for the recent alignment of the income tax framework concerning recognized provident funds with the statutory and administrative provisions of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. This change comes as part of the Union Budget 2026-2027, aiming to provide clarity and reduce litigation by harmonizing exemption eligibility, investment norms, and employer contribution limits.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link