How to claim deductions of more than Rs. 2 lakhs on NPS contributions? Under Section 80CCD of the Income Tax Act, an individual can claim deductions from taxable income for contributions made to the ...

Investing in NPS offers tax benefits under the old and new tax systems. In the new tax system, employees can claim deductions under Section 80CCD (2) for employer contributions. Under the old tax ...

I have been investing Rs 50,000 in the National Pension System (NPS) every year. If I enrol through my employer, will I still ...

Union Budget impact: The Union Budget 2024-25 proposed several changes in terms of personal finance and income tax. Like National Pension System (NPS) contribution limits for private sector employers ...

The scheme is considered one of the best investment options to generate a decent retirement corpus and have a monthly pension post retirement. It can give one the financial freedom to live a ...

Many investors opt for National Pension Scheme, or National Pension System (NPS) to create retirement corpus. The government scheme that help you create huge funds in the long run can also help you ...

Section 80C deduction allows for the reduction of taxable income for individuals and Hindu Undivided Families (HUFs). In total, the maximum deduction that can be claimed under Section 80C, 80CCC, and ...

ITR filing 2024: Employers' contribution to your NPS can reduce your tax outgo significantly The National Pension System (NPS) has become a highly preferred retirement avenue over the years due to the ...

As per a recent survey, by 2050, every fifth Indian will be 60 years old compared to every 12th at present. There are nearly 100 million people aged 60 or more in India today and the number will ...

Employees may approach their employer to restructure their salary package and even ask the employer at the time of increment to do so. If you have opted for the new tax regime as against the old tax ...