NPS Vatsalya scheme: Finance Minister Nirmala Sitharman on Saturday proposed tax exemption for contribution up to Rs 50,000 per year under the NPS Vatsalya Scheme, the children's welfare scheme ...
The National Pension Scheme (NPS) is a pension scheme offered by the government to its own employees who joined after January ...
The last date for investing to save income tax (Tax Saving Planning) is fast approaching—March 31st. If you want to save tax this year, you must make your investments by this deadline. Otherwise, you ...
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 ...
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 ...
Investment in National Pension System, or National Pension Scheme (NPS), is an effective tool which helps you create a huge retirement corpus. But at the same time, it can help you save significant ...
PFRDA has urged the government to grant tax-neutral status to new NPS payout options like Systematic Withdrawal Plans (SWPs).
Union Budget 2025: In her budget speech for 2025, Finance Minister Nirmala Sitharaman announced that NPS Vatsalya subscribers will now receive the same tax benefits as regular NPS subscribers for ...
The National Pension System (NPS) is an India-based voluntary based contribution retirement savings plan governed by the Pension Fund Regulatory and Development Authority (PFRDA). The NPS also ...
An employee can claim a deduction of upto 10% of the salary (14% of the salary in case of Central or State government employee) w.r.t. the employer’s contribution to NPS. Question: Kindly guide us on ...