NPS Vatsalya tax benefits: FM proposes to cover NPS Vatsalya under 80CCD(1B) tax breakFinance Minister Nirmala Sitharaman announced that NPS Vatsalaya subscribers would receive the same tax benefits under Section 80CCD(1B) as...
01 Feb, 2025, 03.52 PM IST
Will the government announce any tax benefits in NPS Vatsalya in Union Budget 2025?Union Budget 2025: NPS Vatsalya is an initiative aimed at helping parents plan for their children's financial security. However, there is n...
23 Jan, 2025, 05.00 PM IST
Union Budget 2025: Will Budget 2025 bring 50K NPS related deduction u/s 80CCD(1B) to the new tax regime?Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions...
20 Jan, 2025, 12.33 PM IST
NPS rule changes in 2024: Partial withdrawal rule change to NPS Vatsalya; check key changes hereMajor changes include the launch of NPS Vatsalaya, NPS via Bharat Bill Payment System, reduced timeline of contributions and more. Here is ...
26 Dec, 2024, 06.07 PM IST
Income tax change: Here's your chance to increase your take-home salary as employers give this mid-year optionNew tax regime, old tax regime, Salary TDS: Some employees are receiving emails from their employers regarding a change of tax regime in mi...
08 Oct, 2024, 05.27 PM IST
Finance Minister to launch NPS Vatsalya Scheme on WednesdayFinance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on Wednesday, allowing parents to save for their children's future ...
16 Sep, 2024, 08.12 PM IST
NPS helps save tax in new regime, how to investSudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
05 Aug, 2024, 04.53 PM IST
New tax slab rates, capital gains taxation, standard deduction NPS: Effective dates of all Budget 2024 income tax changesIncome tax changes in Budget 2024: Based on the information provided in the budget memorandum, here are the effective dates of different in...
02 Aug, 2024, 03.39 PM IST
NPS gets more attractive for salaried under new tax regime; deduction under Section 80CCD(2) increasedThe deduction under Section 80CCD(2) is planned to be increased from 10% to 14% of the basic pay. This section allows you to contribute up ...
26 Jul, 2024, 01.57 PM IST
Hike in employer's contribution to NPS is good news for salaried but this tax deduction is still missingNPS Employer contribution hike: Budget 2024 has increased the deduction available on the employer's contribution to the NPS account under t...
26 Jul, 2024, 01.06 PM IST
Budget 2024 income tax highlights: Changes to taxation of capital gains, STT, income tax slabs, new tax regime, standard deduction, TCS ratesBudget 2024 Income Tax Updates: The Finance Minister, Nirmala Sitharaman, presented the Union Budget for the fiscal year 2024-25 today. The...
23 Jul, 2024, 08.35 PM IST
What FM gave and took away from you in Budget 2024 impacting your money and taxesWho gains and who losses in Budget 2024: The finance minister Nirmala Sitharaman has announced many changes in the Budget 2024 presented to...
23 Jul, 2024, 04.33 PM IST
Budget 2024: Higher OPS-like pension in NPS; central govt employees likely to get 50% of last pay drawn as pensionNPS in Budget 2024: The government aims to provide reassurance to central government employees covered by the National Pension System by of...
10 Jul, 2024, 06.01 PM IST
Income Tax Bonanza in Budget 2024: Will FM Sitharaman make new tax regime attractive in Budget? Changes taxpayers wantBudget expectations 2024 of taxpayers: The Finance Minister, Nirmala Sitharaman, needs to make the new tax regime more attractive to taxpay...
09 Jul, 2024, 01.15 PM IST
More tax savings from NPS in Budget 2024? Expect employer's share to rise to 12%, additional Rs 50,000 NPS deduction in new tax regimeNPS changes in Budget 2024: Currently, the deduction in respect of the employer’s contribution (capped at 10%) to NPS is allowed under both...
06 Jul, 2024, 03.03 PM IST
Interim Budget 2024 likely to present a status report on National Pension SystemBudget 2024: Debate over the NPS sharpened last year after Congress-ruled states such as Rajasthan, Chhattisgarh and Himachal Pradesh decid...
01 Feb, 2024, 07.28 AM IST
Budget 2024 may offer concessions to boost NPS, especially for seniors above 75The government may extend tax concessions on contributions and withdrawals in the NPS for individuals aged 75 and above in the upcoming int...
29 Jan, 2024, 01.53 PM IST