Provident fund, Superannuation fund, Gratuity fund, Coal Mines P.F., employees PF
Nature of Income
Interest on securities and capital gains on sale such securities held by
provident fund to which Provident fund Act, 1925 applies.
In any other case any income
Any income received by trustees or board of trustees of following funds are fully exempt
Recognized Provident fund
Approved superannuation fund
Approved gratuity fund
Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948
Employees Provident Fund and Miscellaneous Provisions Act, 1952.