Section 10(11) → Section 12
Statutory Provident Fund / Public Provident Fund (PPF)
Quick Answer
Section 10(11) of the Income Tax Act, 1961 (Statutory Provident Fund / Public Provident Fund (PPF)) corresponds to Section 12 of the Income-tax Act, 2025, effective 1st April 2026. Status: Retained.
What changed for Section 10(11)
In the 1961 statute, Section 10(11) deals with statutory provident fund / public provident fund (PPF). Any payment from a provident fund to which the Provident Funds Act, 1925 applies, or from the PPF, is fully exempt.
The new code maps this to Section 12: the provision is retained and renumbered as Section 12 of the Income-tax Act, 2025, applying from 1st April 2026. Retained verbatim. PPF remains an EEE (Exempt-Exempt-Exempt) investment.
On the ground, changes to Section 10(11) carry a High impact. Ensures PPF maturity remains tax-free.
Sec 10(11)
Provision Summary
Any payment from a provident fund to which the Provident Funds Act, 1925 applies, or from the PPF, is fully exempt.
Sec 12
Provision Summary
Retained verbatim. PPF remains an EEE (Exempt-Exempt-Exempt) investment.
Key Changes & Highlights
- No change. Protects the core savings of the middle class.
Related Sections
Frequently Asked Questions
What does Section 10(11) of the Income Tax Act 1961 deal with?
Section 10(11) of the Income Tax Act, 1961 covers statutory provident fund / public provident fund (PPF). Any payment from a provident fund to which the Provident Funds Act, 1925 applies, or from the PPF, is fully exempt.
Where does Section 10(11) of the ITA 1961 go under the Income-tax Act, 2025?
Section 10(11) of the Income Tax Act, 1961 maps to Section 12 of the Income-tax Act, 2025, effective 1st April 2026 (status: Retained). Retained verbatim. PPF remains an EEE (Exempt-Exempt-Exempt) investment.
Why does the change to Section 10(11) matter for taxpayers?
The transition impact for Section 10(11) is rated High. Ensures PPF maturity remains tax-free.
Disclaimer: This mapping of Section 10(11) (Statutory Provident Fund / Public Provident Fund (PPF)) to Section 12 of the Income-tax Act, 2025 is for educational and reference purposes only, based on publicly available drafts and circulars. As Section 10(11) is currently marked Retained, always confirm its treatment with a qualified Chartered Accountant before filing or making compliance decisions.
Need professional help on Section 10(11)?
Compare trusted providers — both offer CA services ready for the Income-tax Act, 2025.
*Affiliate links — we may earn a small commission at no extra cost to you. Disclosure.
Want to calculate tax on this section?