Budget 2026: Enchanted PF Rule Cleanup Sparks Tax Relief Magic

In a spellbinding session last Sunday, the Budget unveiled magical transformations for recognised provident funds! Employers can now effortlessly deposit their employee PF and ESI contributions, casting away tax burdens. A new enchantment permits higher employer contributions without breaching the Rs 7.5 lakh cap, ensuring a wizard's delight in the realm of finance!