Articles for Tax Benefit

Confused Between PPF And EPF? Here's What You Should Know Before Investing
1 year, 9 months ago

Confused Between PPF And EPF? Here's What You Should Know Before Investing

News 18  

You might have heard the term employees’ provident fund and public provident fund numerous times. The interest rate on the EPF account has been set at 8.10 per cent for the current fiscal year. Every month, 12 per cent of the employee’s basic pay and dearness allowance must be contributed into the EPF account and the employer also shares an …

Tax Employees Interest Fund Account Epfo 5 Years
How to get maximum tax benefits in FY 22-23 by investing in insurance: Tips
1 year, 10 months ago

How to get maximum tax benefits in FY 22-23 by investing in insurance: Tips

India TV News  

Every financial year, retail investors look for newer options for tax savings. BUDGET 2023: FULL COVERAGE Payment of premium towards life insurance plans provides a policyholder with life cover, as well as certain tax benefits. Any resident or non-resident individual can claim a tax benefit for life insurance premium paid under Section 80C, up to Rs 1.50 lakh every year. …

Health Benefits Insurance Life Tax Saving Premium
Income Tax Rule Change: Tripple Tax Benefits on NPS; Know How it Works, Who Can Claim
2 years, 9 months ago

Income Tax Rule Change: Tripple Tax Benefits on NPS; Know How it Works, Who Can Claim

News 18  

Finance minister Nirmala Sitharaman announced that state government employees will now be able to claim tax benefit of 14 per cent on the National Pension System made by their employer from financial year 2022-23. At present, only the central government employees are allowed to claim tax benefit of 14 per cent for the employer’s contribution to their NPS accounts. NPS …

Employees Income Tax Income State Contribution Cent Benefit
Union Budget 2022: Tax rebates in Budget for realty vital for salaried class
2 years, 11 months ago

Union Budget 2022: Tax rebates in Budget for realty vital for salaried class

India TV News  

Currently, one-third of India's population reside in cities and it is estimated to go up to 50 per cent by 2030. The average ticket size of a home-loan of young borrowers has continued to increase over the last 5 years, with a CAGR of 6.2 per cent. Share of annual originations of Rs 35-75 lakh ticket size has increased by …

Tax Budget Interest Ticket Cent Lakh Size
Tax benefits for investing in national pension system: Here's all you need to know
3 years, 10 months ago

Tax benefits for investing in national pension system: Here's all you need to know

India Today  

One of the biggest challenges of the working population in India, is to maintain a means of monthly income post their retirement due to cessation of salary from employer or income from employment. Tax Benefit 1: Deductions on subscriber’s contribution NPS contributions are eligible for tax deduction u/s 80 CCD of ITax Act or 20% of Gross Income for others) …

Income Benefit Deduction Exempt Tax Act System Nps Tax Benefit
Six changes in FY20 ITR forms that you should know about
4 years, 1 month ago

Six changes in FY20 ITR forms that you should know about

Live Mint  

If you are thinking of filing your income tax returns now to avoid the last-minute rush, it’s a sensible thing to do. But before you undertake the exercise, it would help to know the changes that the income tax department has made in the notified ITR forms for FY20. “Providing scrip-wise details in FY20 ITR forms is required to be …

Changes Filing Pan Itr Details Forms Fy20
Tax-free airport sales to end in January
4 years, 3 months ago

Tax-free airport sales to end in January

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK government is set to end tax-free sales at airports, ports and Eurostar stations from …

Travel Tax End Visitors Overseas Vat Overseas Visitors