The Finance Ministry has extended the income tax benefits that are currently available under the National Pension System (NPS) to the Unified Pension Scheme (UPS) as well. This means that central ...

Tax Saving Section 80C Taxpayers can save up to Rs 1.5 lakh tax on their income (salary) under the old tax regime. If you ...

Even under the new tax regime, employer contributions to NPS remain deductible under Section 80CCD(2). This reduces taxable income and helps build long-term retirement ...

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 ...

The National pension system (NPS) is a contributed retirement planning scheme, which is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and the Union Government of India.

The final date for submitting the income tax return (ITR) is approaching, and people are now seeking ways to reduce their taxable income without locking in their funds for years. There are several ...

Section 80C lowers your tax liability by a maximum of ₹1.5 lakh through instruments like PPF, ELSS, and life insurance premiums. But once that limit is reached, most taxpayers overlook other ...