Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
01 Jun, 2026, 11.44 AM IST
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
30 May, 2026, 08.45 AM 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
Provident Fund, gratuity, leave encashment, pension commutation and all income tax benefits for retired employees released in a brochure by income tax deptThe Income Tax Department has come out with a brochure outlining tax benefits for retired employees in both the public and private sectors,...
26 May, 2025, 06.28 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
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
How to move funds from EPF to NPSTo make the transfer, a request must be made to the recognized employee provident fund or superannuation fund to his NPS account.
08 Aug, 2019, 03.31 PM IST
How not to let tax hit NPS redemptionApart from providing tax benefits of up to Rs 1.5 lakh along with under instruments under Section 80C, NPS has an exclusive window of Rs 50...
03 Sep, 2016, 03.51 PM IST
India to stay on high growth path for 10-20 years: FM Arun JaitleyAsking Australian superannuation funds industry leaders to invest in India, he emphasised that the growth path the country is moving on, it...
01 Apr, 2016, 02.15 PM IST
- Regulator pitches for tax relief on New Pension Scheme to make it attractive
The interim pension regulator has sought tax relief on investments in the New Pension Scheme (NPS) to make it more attractive to employees ...
27 May, 2010, 02.55 AM IST
- Employees will now have to bear the FBT burden
Employees enjoying perks such as rent-free accommodation, cars, credit cards and club memberships may have to pay tax on these. Budget 2009...
08 Jul, 2009, 06.05 AM IST
- Union Budget 2009-10: FM makes life less taxing, more saral
For millions of working people stung by rising cost of living and salary freezes or cuts, Budget comes as a palliative, but not the cure. N...
07 Jul, 2009, 07.00 AM IST
- Pvt PF & superannuation funds' equity returns set to be tax-free
Govt plans to give tax-free status to returns earned by private PFs and superannuation funds from their investments in shares of cos.
11 Dec, 2008, 03.51 AM IST
- On why FBT is fast becoming totalitarian for India Inc
Effective April 1 last year, benefit arising under an Employee Stock Option Plan (ESOP) by virtue of allottment or transfer of securities h...
25 Jan, 2008, 01.46 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
- Tax-free benefits from your employer
Here are some tax-free benefits that employers can give & the possible impact of FBT on such benefits.
01 Jan, 2007, 12.05 AM IST
- Tax experts criticise FBT
The controversial fringe benefit tax came in for scathing attack from experts on Friday with many terming it a "hasty process of legislatio...
14 Oct, 2005, 01.50 PM IST