To be able to claim income tax deduction for FY 2024-25, taxpayers must invest in a tax saving scheme given in the relevant ...

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 ...

This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).

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 ...

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 ...

Unlike traditional savings options like fixed deposits or PPF, NPS invests in a mix of equity, corporate bonds, and ...

Union Finance Minister of India Nirmala Sitharaman announced a significant tax benefit for parents investing in the National ...

As per the proposals made in Budget 2025, the taxpayer can easily claim both houses as self-occupied and will not be required ...

Lumpum withdrawal of up to 60% of the accumulated pension when an individual reaches the age of 60 is tax-free. At the time ...

Here is a list of 7 best tax-saving investment options in India, by investing in which you can save tax and lay the ...

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 ...

Most NPS equity funds have beaten benchmark index Nifty 200 TRI in the short-term (one year), but only two have outperformed ...