Contributions to the government-approved pension schemes such as the National Pension System (NPS), the Unified Pension ...

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 ...

With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of ...

New Delhi [India], August 27: The National Pension System (NPS) has become one of the key options for individuals in India to plan for retirement. While the framework remains the same, the tax ...

To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax benefits to it. This move addresses tax treatment concerns, potentially increasing ...

How can ₹14.65 lakh income be tax-free? Abhishek Soni, CEO and Co-founder of Tax2win, explains how salaried employees with a Cost to Company (CTC) of ₹14.65 Lakh can pay zero tax under the new income ...

In India’s progressive tax regime, finding legitimate ways to reduce taxable income is a financial skill that can help individuals retain more of their earnings while building long-term wealth. Most ...

The new income tax regime will feature the revamped tax slabs from April 1, 2025 onwards, with individuals not requiring to pay any tax if their income does not exceed ₹12 lakh. Many of those who use ...

New tax regime: The Union Budget 2025 has brought major relief for crores of taxpayers in India. The government has announced that non-salaried individuals earning up to Rs 12 lakh and salaried ...