November 15, 2024
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Tag: nps tax benefits

Are NPS Vatsalya & hiked NPS deduction limit for private sector employees good moves from Budget 2024? Experts decode – Times of India

admin08 mins

Latest NPS rules, news: In the Union Budget 2024 speech, Finance Minister Nirmala Sitharaman announced two new initiatives with regard to National Pension Scheme (NPS) – extension of NPS 14% employer contribution benefits to private setcor and the intended launch of NPS Vatsalya.Budget 2024 announced the hiking of the tax deduction limit on private sector…

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Latest NPS rules 2024: How much tax will you save with new NPS contribution benefit under new regime after Budget 2024? – Times of India

admin06 mins

Budget 2024 new NPS benefits: Finance Minister Nirmala Sitharaman has announced additional tax benefits for salaried taxpayers investing in the National Pension Scheme. The Union Budget has taken steps to promote retirement planning by enhancing the tax advantage on NPS contributions and introducing a new option for minor children in the pension system. The deduction…

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