More Provident Fund (PF) deduction for the financial year 2026-2027

Earlier: 

• Lower Basic meant lower Provident Fund deductions, leading to higher monthly cash in hand.

WEF: 01.04.2026: 

1. Higher base component means more Employees Provident Fund is deducted every month.

How will it affect you?: 

• Your monthly take-home might drop slightly, but your retirement savings Provident Fund will grow much faster.

Source:

Posted by Accounting & Taxation at 11:54 PM

Labels: HR DEPT, PF