Budget 2026: Take home salary calculator for CTC of Rs 10 lakh, 12 lakh, 15 lakh and 20 lakhBudget 2026 brings no changes to tax slabs or deductions. However, new labor codes are set to be implemented. This will affect take-home sa...
02 Feb, 2026, 02.46 PM IST
If I resign today with Rs 24 lakh superannuation and Rs 9 lakh in gratuity, can I save tax by transferring these to NPS?ET Wealth Reader's Query: I have been employed with a company for a long time, and have accumulated approximately Rs 24 lakh in superannuat...
28 Jan, 2026, 01.17 PM IST
6 tax mistakes to avoid in first year of retirement: ITR filing, Form 15H, gratuity and NPS taxation explainedThese can increase your tax liability and also result in penalties, fines and notices from the tax department.
27 Jan, 2026, 03.32 PM IST
Untaxing days ahead for Indians?India's new direct tax law in 2025 simplifies income tax. It introduces a uniform tax year and consolidates salary exemptions. Optional joi...
17 Dec, 2025, 11.49 PM IST
Gratuity rules decoded: Is gratuity part of your CTC? See what latest labour code guidelines sayNew Labour Codes are set to increase gratuity payouts for many employees by redefining 'wage' to include allowances exceeding 50% of total ...
27 Nov, 2025, 09.16 AM IST
2% DA hike for central govt employees; check how much salary increase you'll get? Easy PF, gratuity calculations09 Apr, 2025, 07.57 PM IST
New income tax bill to be introduced in Lok Sabha today; primary objectives include ease of paying taxes, more direct rulesThe Income Tax Bill 2025 aims to simplify the tax system by dropping obsolete provisions, decriminalizing many offences, and introducing a ...
13 Feb, 2025, 05.30 AM IST
You can withdraw entire NPS corpus lumpsum if Rs 5 lakh or less but 40% will be taxableThe Pension Fund Regulatory and Development Authority (PFRDA) easedthe process of withdrawing corpus from National Pension System (NPS) for...
24 Nov, 2022, 03.29 PM IST
Incomes that are exempted under the new tax regimeThough an individual cannot claim certain deductions in the new tax regime, however, a certain type of incomes remain tax-exempted under th...
04 Mar, 2022, 01.31 PM IST
NPS pension benefits are not same for voluntary and normal retirementWhen a person retires earlier, it is normally expected that his/her post-retirement life would be longer (unless one takes up a second care...
31 Oct, 2019, 02.08 PM IST
Tax queries: How much of my gratuity amount is tax-exempt?The maximum limit amount of gratuity under the Payment of Gratuity Act, 1972 has been enhanced from Rs 10 lakh to Rs 20 lakh vide notificat...
15 Feb, 2019, 11.18 AM IST
How to calculate taxable portion of gratuityCurrently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...
20 Dec, 2017, 10.25 AM IST
Here are nine incomes you need not pay tax onNot many people are aware that there exists certain types of income for which your liability is zero and they are not added to taxable inco...
15 Jun, 2017, 03.14 PM IST
Budget 2016: Why you should look beyond tax when picking a pension fundThe uproar over increasing the age limit for withdrawal of PFs to 58 years is not justified. Withdrawal should only be allowed at retiremen...
07 Mar, 2016, 10.15 AM IST
Five things you should know about NPS before investingBefore you pour money into the New Pension System, know the tax benefits offered by the scheme and the tax treatment of the income.
02 Nov, 2015, 05.55 PM IST
NPS needs to offer equal tax treatment to all irrespective of nature of employmentThe problem with taxation of withdrawals under the National Pension System is not that it’s confusing, but that it may not be fair.
30 Mar, 2015, 08.09 AM IST
- On tax code, India Inc bats for masses
Finance minister Pranab Mukherjee has said that the government will undertake a comprehensive review of the draft Direct Taxes Code before ...
10 Oct, 2009, 12.21 AM IST