Tax on EPF withdrawals: Know what rules say about deduction, exemption
Understanding taxation is essential for effective personal finance management, and one area that frequently causes confusion is Tax Deducted at …
personal finance
Vivaad Se Vishwas 2024: Assess strength of your case before settling
The Central Board of Direct Taxes (CBDT) has notified rules for the Direct Tax Vivad Se Vishwas Scheme (VsV) 2024. …
UPS or NPS: Younger employees and risk-takers likely to stick to NPS
The central government will introduce the Unified Pension Scheme (UPS) from April 1, 2025, as an alternative to the National …
No NPS rollback; UPS an attempt to improve it: FM Nirmala Sitharaman
Sitharaman also clarified that there will be no change in tax treatment under the UPS. (Photo: PTI) Union Finance Minister …
Unified Pension Scheme provides benefit of both old and new pension scheme
The Modi government has approved a new pension scheme on Saturday called the Unified Pension Scheme (UPS), which will come …
No need for tax clearance certificate for most travelling abroad: CBDT
The recent amendment to Section 230(1A) of the Income-tax Act, 1961, does not require all Indian citizens to obtain an …
Start, maintain Public Provident Fund account, even in new tax regime
The government expects investments in small savings instruments, especially Public Provident Fund (PPF), to plummet sharply in 2024-25 with over …
ITR filing: How to minimise your capital gains tax after 2024 budget
The Union Budget 2024 has brought significant changes to the capital gains tax framework, impacting both short-term and long-term investors. …
Budget 2024: LTCG tax changes on property sales explained
Experts say the proposed LTCG tax norms could be advantageous or disadvantageous to those who sell real estate, depending on …
Budget 2024: Deduction limit increased from 10% to 14%; introduces NPS Vatsalya for minors
One of the government’s objectives is to provide social security benefits to citizens. In Budget 2024, the Finance Minister made …
