Section 80CCD of Income Tax Act, 1961 offers up to Rs 2 lakh deductions for NPS and Atal Pension Yojana contributions, with ...
Section 80CCD allows taxpayers to claim deductions on amounts they contribute to government-backed pension schemes such as ...
Budget 2026 may raise NPS tax deduction under Section 80CCD(1B) from Rs 50000 to Rs 1 lakh, benefiting salaried and ...
Contributions to the government-approved pension schemes such as the National Pension System (NPS), the Unified Pension ...
An increased NPS tax deduction can support salaried and self-employed individuals in building tax-efficient retirement ...
Ahead of Budget 2026, attention is firmly on the income tax framework, especially the slabs introduced last year under the ...
Will FM Nirmala Sitharaman provide more reason to cheer for salaried and middle class taxpayers two years in a ro.
Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer ...
Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after ...
With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of their relevance given that 72% (for the AY 2024-25) have filed their tax ...
Taxpayers are facing higher tax outgo due to incorrect regime choices, often stemming from misunderstandings of exemptions and documentation. Experts advise projecting liabilities under both regimes, ...
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...