The New Pension System has generated a lot of interest ever since Budget 2015 announced additional tax benefits for investments in the scheme. For someone in the 30 per cent tax bracket, this is a clear benefit of Rs 15,000 on investment of Rs 50,000 over and above the Rs 1.5 lakh allowed under Section 80 C. This article gives an overview of NPS, explains NPS tax benefits, answers frequently asked questions regarding NPS and tax.
Showing posts with label Automatic Income Tax Form 16 for F.Y.2017-18. Show all posts
Showing posts with label Automatic Income Tax Form 16 for F.Y.2017-18. Show all posts
Sunday 22 July 2018
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