Quick Summary
The draft Income Tax Rules 2026 introduce Draft Form No. 184 , proposing a standardised format for nomination and modification of nominations relating to provident and gratuity funds. The move is part of the broader overhaul of tax forms aligned with the new direct tax framework under the Income-tax
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FAQ :
Draft Form 184 is a proposed standardised nomination or modification of nomination form for provident and gratuity funds, designed to capture essential employee and nomination details.
The new direct tax framework, including these draft rules and forms, is scheduled to come into force from April 1, 2026.
Employees will need to provide basic personal details, information relating to nominations or changes in nominations, and details required for provident or gratuity fund records.
The objective is to ensure proper documentation of beneficiaries for employee retirement benefits, reduce disputes, improve transparency, and facilitate smoother processing of benefit claims under the new tax regime.
No, the draft forms have been released for stakeholder consultation and feedback before they are finalised and officially notified.
Employees may need to update their nomination details using the new format, and employers and fund administrators might need to adjust their internal processes to capture the revised information.
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