According to the changes announced by Union finance minister Arun Jaitley in the Union Budget, the retirement savings will face taxes from next financial year. The FM has made Employee Provident fund (EPF) and National Pension Scheme (NPS) withdrawals on retirement taxable..
According to the changes announced by Union finance minister Arun Jaitley in the Union Budget, the retirement savings will face taxes from next financial year. The FM has made Employee Provident fund (EPF) and National Pension Scheme (NPS) withdrawals on retirement taxable.
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Union Budget 2016-17 is knocking at the door, few days to go for Union Finance Minister Arun Jaitley to table the budget. Like every year this year too long-standing expectation of the salaried class is some relief in the income tax slab.
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All Salaried Persons want to pay fewer taxes but not utilizing benefit of all deductions , In this videos we will discuss about all Ch VI -A deductions relevant for Individuals
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Tax Saving Deductions for Salaried Employees || Save Maximum Tax|| Finance Act 2019II ITR FY 19-20
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More than Rs. 12,000 crore has been given as tax concessions to the salaried professionals and senior citizen in the Budget 2018-19. You cannot name one Budget under Congress that has given such concession to the middle class.
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National Pension System (NPS) for Corporates Securing Retirement with NPS and Insights for Employer
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Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
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Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
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There are a lot of investment options Today so most of the investors are confused about which option to invest in. National Pension System (NPS) and Employee Provident Fund (EPF) are the most popular investment options for most workers. Investing in both these options gives double benefit, along with tax savings, they also provide good returns to the investors. However, which option is better in both, it also depends on the risk taking ability of the employee, security lock in, liquidity and maturity etc. on the basis of this video you can decide in which investment will be better.
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EPF vs NPS | Understand | Retirement Plan |
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Thanks to the strong mandate given to the BJP government, it has upped expectations of the middle-class from the upcoming budget, says Kuldip Kumar, Partner and Leader, PwC India. So, what can the middle-class expect from Nirmala Sitharaman's Budget 2019? Kumar spoke to ET Wealth Online about what are the various measures that could be announced that can have an impact on your money.
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NPS an injustice with employees recruited after 2010; must be revoked : NPS
NPS an injustice with employees recruited after 2010; must be revoked : NPS
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