Section 321 of Income-tax Rules, 2026 – Ordinary annual contributions

Home › Income-tax Rules, 2026

Section 321: Ordinary annual contributions

Ordinary annual contributions.

321. The ordinary annual contribution by the employer to a fund shall be made on a reasonable basis, as may be approved by the approving authority, having regard to the length of service of each employee concerned, but such contribution shall not exceed 8⅓% of the salary of each employee during each year.

Source: official text of Income-tax Rules, 2026 as published on India Code (PDF). All sections of Income-tax Rules, 2026.

Related posts:

  1. Income-tax Rules, 2026 – All Sections
  2. Comparison of Section of New Income Tax Bill Vs Old Income Tax Act
  3. INCOME-TAX ACT 1961
  4. Section 15 of Income-tax Rules, 2026 – Valuation of perquisites