FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...
27 May, 2026, 06.33 PM IST
HAL Chairman & Managing Director D K Sunil steps downHindustan Aeronautics Ltd. announced that Dr. D K Sunil has stepped down as Chairman and Managing Director upon his superannuation on April...
01 May, 2026, 09.40 AM IST
8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demandedCentral government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same...
18 Apr, 2026, 08.00 AM IST
Your retirement kitty is not tax-free in NPS, EPF and Superannuation funds: How outdated taxation is draining your savings, will Budget 2026 help?Indian retirement schemes are not fully tax-exempt as commonly believed. Contribution and growth limits mean many salaried individuals face...
19 Jan, 2026, 01.44 PM IST
The $100-a-week super habit that could save Aussie business owners from a $500,000 retirement shockA significant portion of Australia's self-employed individuals, nearly 45%, are not consistently contributing to their superannuation, rais...
03 Jul, 2025, 12.46 PM IST
Unified Pension Scheme: PFRDA notifies UPS new rules, applicable from April 1, 2025 ; Check eligibility, contribution, retiral benefits & moreThe PFRDA has introduced the Unified Pension Scheme (UPS) for central government employees, effective April 1, 2025. It offers a guaranteed...
20 Mar, 2025, 06.18 PM IST
How to calculate lump sum under Unified Pension Scheme: Check formula, other details hereThe Unified Pension Scheme (UPS) for central government employees, commencing from April 1, 2025, ensures assured pensions, family pensions...
27 Feb, 2025, 04.05 PM IST
How to report tax-exempt incomes in ITR-1An individual taxpayer is required to report all his incomes that are taxable as well as tax-exempt incomes in his/her income tax return. H...
16 Jun, 2023, 12.56 PM IST
When does EPF withdrawal become taxable?Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain instances when EPF can become tax...
06 Dec, 2022, 01.15 PM IST
Tax on EPF, NPS, Superannuation fund: Here's all you need to know about itEmployer contributions to retirement funds such as Employees Provident Fund (EPF), National Pension System (NPS), or any other superannuati...
23 Mar, 2022, 02.51 PM IST
Do I need to include the withdrawn EPF proceeds in ITR after leaving the job?At the time of withdrawal, the PF authorities will deduct tax at 10% on entire PF proceeds (assuming you have furnished your PAN to the PF ...
27 Jul, 2020, 12.21 PM IST
Budget 2020 may tax employer's excess contribution to EPF, NPS twiceThe budget proposal was made to restrict the tax-exempt contribution by employer to EPF, NPS and superannuation fund to Rs 7.5 lakh in an F...
14 Feb, 2020, 12.32 PM IST
Employers' total contribution towards employee social security funds capped at Rs 7.5 lakh annuallyConsequently, the documents further said it is also proposed that any annual accretion by way of interest, dividend or any other amount of ...
01 Feb, 2020, 08.15 PM IST
Budget 2016: Tax exemption raised to Rs 1.5 lakh under superannuation fund"Exemption limit is proposed to be increased from Rs 1 lakh to Rs 1.5 lakh for annual contribution by an employer to a superannuation fund.
29 Feb, 2016, 05.03 PM IST
Budget 2016: 60% of withdrawal from EPF built via employee contributions after 1st April 2016 made taxablePrima facie, the Budget 2016 has proposed making 60% of employee contribution EPF corpus taxable for contributions after 1.4.2016.
29 Feb, 2016, 03.59 PM IST
Pension Fund Regulatory and Development Authority to bring all exempt pension funds under its ambitThe Pension Fund Regulatory and Development Authority (PFRDA) has already sought details from all trusts that operate such funds.
16 Oct, 2014, 04.00 AM IST
- Govt likely to exempt PSBs from FBT on pension funds
The government is examining a proposal to exempt public sector banks from fringe benefit tax (FBT) on their contribution to statutory pensi...
17 Jan, 2008, 12.14 AM IST