How to claim deductions of more than Rs. 2 lakhs on NPS contributions? Under Section 80CCD of the Income Tax Act, an individual can claim deductions from taxable income for contributions made to the ...

Did our AI summary help? Paying taxes is an unavoidable part of adult life. Anyone earning beyond the prescribed income limit, whether through salaried employment, self-employment, or running a ...

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.

Income Tax: The last date to file the income tax return (ITR) for FY 2024-25 will soon expire on September 15. If you have yet to file your income tax return (ITR) for this year, it is important to ...

The new deadline for filing income tax returns for the financial year 2024-25 (assessment year 2025-26) has been extended till Sept. 15. To file ITRs, taxpayers will need to choose between the old and ...