By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard ...

The NPS Vatsalya Scheme, launched on September 18, 2024, allows parents or guardians to open National Pension Scheme (NPS) accounts for minors, ensuring savings and pension benefits until the child ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

These are open-ended funds and have a lock-in period of three years as compared with five years for unit-linked insurance ...

With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not need to pay any tax. But what if you have a higher annual income, say Rs 13 ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance ...

The National Pension Commission has revealed that 12,241 Retirement Savings Account holders from the informal sector have ...

Some pensioners have urged the Federal Government to pay the N32,000 pension increment according to the National Minimum Wage ...

THIRUVANANTHAPURAM: The state government has expressed its disappointment over the poor allocation for the welfare of the ...

The Pension Transitional Arrangement Directorate has cleared a total of N1.18bn in pension arrears over the past five years, from 2020 to 2024, according to data obtained from BudgIT’s accountability ...