There were rumours that the government might hike the amount of standard deduction available to give tax relief to the middle ...

The upcoming budget is expected to be one filled with both challenges and high expectations. Key areas that may see ...

Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...

A retiree receives multiple pensions from different sources, including a Superannuation Fund, EPFO, and LIC policies. The ...

Finance Minister Nirmala Sitharaman announced that NPS Vatsalaya subscribers would receive the same tax benefits under ...

By investing in NPS, individuals can claim an additional deduction of up to ₹50,000. This benefit is particularly useful for ...

The Indian government is reportedly planning to double the minimum guaranteed pension under the Atal Pension Yojana (APY) to ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

According to Patnaik, the market in India for SWFs and pension funds is still at a nascent stage and ... the government did ...

The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to ...

I also receive a monthly pension from LIC regarding my Pradhan Mantri Vay Vandana Yojana, for which I invested some money. Kindly clarify under what head of income each of the above receipts is to ...