Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
23 Jun, 2026, 11.44 AM IST
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
19 Jun, 2026, 05.41 PM IST
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
19 Jun, 2026, 03.44 PM IST
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
11 Jun, 2026, 07.43 AM IST
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
25 May, 2026, 12.00 PM IST
Minimum EPS-95 pension increased to Rs 7,500? EPFO says thisA letter circulating on social media falsely claims the minimum Employees Pension Scheme 95 pension has increased to Rs 7,500 monthly. The ...
19 May, 2026, 06.25 PM IST
Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
15 May, 2026, 11.55 AM IST
NC-JCM 49th annual meeting: Pension hike, CGHS expansion & medical allowance boost on agendaThe NC-JCM will hold its 49th annual meeting on May 11, 2026, to discuss key issues impacting central government employees and pensioners. ...
07 May, 2026, 08.00 AM IST
Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
27 Apr, 2026, 05.50 PM IST
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
23 Apr, 2026, 04.39 PM IST
From Rs 6.8 lakh to Rs 4.5 lakh: Redditor explains how to save Rs 2.3 lakh in income tax in a year legallyA Redditor demonstrated significant income tax savings under the new regime by strategically restructuring their salary with components lik...
15 Apr, 2026, 03.45 PM IST
Higher EPS pension can’t be denied to members retiring after September 1, 2014, once EPFO accepts higher wage contributions, Kerala High CourtKerala High Court recently ruled in favor of employees seeking higher pension. EPFO had denied claims due to bulk contributions made by the...
07 Oct, 2025, 11.45 AM IST
Tax implications for senior citizens after budget 2024, know what changed and what continuesBudget 2024: Senior citizens have different financial needs and tax planning is a significant factor in financial planning for senior citiz...
22 Aug, 2024, 11.20 AM IST
How to save income tax in new tax regime? Two deductions that salaried can claimDeductions under new tax regime: If you are planning to opt for the new tax regime in current financial year, then there are two deductions...
09 Apr, 2024, 01.35 PM IST
Pension should be made tax free in Budget 2023: Ageas Federal Life Insurance CEOAgeas Federal Life Insurance CEO and MD Vighnesh Shahane also said the government should also make the maturity amount under unit linked in...
12 Dec, 2022, 05.29 PM IST
Budget 2022: Any change in standard deduction for salaried, pensioners in FY2022-23?There was an expectation of hike in the amount available to claim as standard deduction due to the higher cost borne by employees to work f...
01 Feb, 2022, 08.01 PM IST