The proposed new tax regime will be implemented from April 1, 2025. An income up to Rs 12,75,000 will be tax-free for ...
Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...
But if one has an annual income of Rs 13,75,000, they may make that income tax-free through employer contribution to their NPS account. Know how it may be possible. It is because salaried-class ...
Unemployed individuals are eligible to open accounts under the National Pension System (NPS). Despite lacking a current ...
To be able to claim income tax deduction for FY 2024-25, taxpayers must invest in a tax saving scheme given in the relevant ...
This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).
Union Finance Minister of India Nirmala Sitharaman announced a significant tax benefit for parents investing in the National ...
Lumpum withdrawal of up to 60% of the accumulated pension when an individual reaches the age of 60 is tax-free. At the time ...
Most NPS equity funds have beaten benchmark index Nifty 200 TRI in the short-term (one year), but only two have outperformed ...
The National Pension System (NPS) is crafted to provide retirees with a steady financial foundation. It combines ...
In the latest income tax bill, a significant change has been made regarding deductions under section 80C of the Income-Tax Act, 1961. These deductions have been shifted to a new section, namely ...