WebJan 15, 2024 · Your self-contribution to NPS is also eligible for a deduction under Section 80C. However, most of us exhaust this limit easily through other investment options like life insurance premiums, equity-linked saving schemes, or PF. In that case, you can claim deduction under Section 80CCD (1B) for up to Rs 50,000 for self-contribution to NPS. WebJun 26, 2024 · As of now for the financial year 2024-21, the new tax regime is only an option and one may stick to old tax regime while filing income tax returns for the AY …
NPS Vs EPF: Which Option is better for retirement planning? - ABC …
WebJan 15, 2024 · NPS Tier-1 Scheme & Maturity proceeds on Retirement Money withdrawn from NPS account at the time of retirement (or) reaching the age of 60 years is exempt … WebAug 20, 2024 · Exit from NPS is tax-free if 40% of the accumulated fund is invested in receiving an annuity in the future and 60% is withdrawn as lump sum. However, the annuity would be taxable when received. For Approved Superannuation Fund (ASF), employer contributions up to Rs 1.5 lakh were non-taxable till financial year (FY) 2024-20. An … indian home remedies for fever
NPS - Maturity, Partial Withdrawal & Early Exit Rules - ApnaPlan.com
WebApr 11, 2024 · The interest rates of GPF, All India Services Provident Fund and other similar funds will be 7.1 per cent for the April-June quarter, 2024, said the Department of … WebApr 10, 2024 · TO, The Manager, (Technical Branch) Government of India Press, Minto Road, Delhi. F.No.5(3)-B(PD)/2024. Previous: Rate of Interest on GPF and other similar funds for Q4 of FY 2024-2024 from 1st Jan, 2024 to 31st Mar, 2024 Copy forwarded to all Ministries/Departments of Government of India, President’s Secretariat, Vice-President’s … WebApr 2, 2024 · The ‘report card’, however, quotes “robust and reliable databases such as those with the Employees’ Provident Fund Organisation (EPFO), General Provident Fund (GPF) and the National Pension Scheme” to claim 15 million new jobs were created every year under the Modi government. “This doesn’t even count initiatives such as PM Mudra ... indian home remedies for female infertility