NPS proposes systematic lump sum withdrawal scheme for pensioners-Know what it means

NPS proposes systematic lump sum withdrawal scheme for pensioners-Know what it means The Pension Fund Regulatory and Improvement Authority (PFRDA), which oversees the Nationwide Pension Scheme (NPS), invited public suggestions on the proposed systematic lump sum withdrawal (SLW) scheme. Underneath the proposed SLW scheme, NPS will permit subscribers to withdraw month-to-month, quarterly, half-yearly or annual … Read more

Card Tokenization, NPS e-Nomination, Excessive Pursuits

Taxpayers submitting revenue tax from October 1 will now not be capable to benefit from Atal Pension Yojana. Tokens might be used for on-line purchases as a substitute of playing cards and pointers for investing in mutual funds will change With RBI’s newest repo price hike, each EMIs and returns from financial institution deposits are … Read more

NPS: Tax Optimizer: WFH Allowances, NPS might cut back Sharma’s tax outgo by Rs 84,000

By Sudhir Kaushik of Taxspanner.com Bangalore-based guide Vaibhav Sharma earns effectively however pays a excessive tax. It’s because his wage is just not very tax-friendly and he doesn’t declare all of the deductions obtainable to him. TaxSpanner estimates that Sharma can save round Rs 84,000 in tax if his wage construction is modified, his firm … Read more