National Pension Scheme (NPS) is a government-sponsored pension scheme. It was launched in January 2004 for government employees.

Income tax is paid by every individual who earns above INR 2.5 Lakhs per annum. Post the limit of INR 2.5 Lakhs, each and every individual is liable to pay taxes.

CBDT vide Notification No. 48/2022 dated 29.04.2022 in G.S.R. 325(E) through Income-tax (Eleventh Amendment) Rules, 2022 notified Rule 12AC for furnishing Updated Return of Income in Form ITR-U as per the provisions of section 139(8A) of the .....

Hon. Finance Minister Mrs. Nirmala Sitharaman in her budget session held February 1, 2023 announced changes to New Income Tax Regime which will become applicable from April 1, 2023 for the FY 2023-24.

Hon. Finance Minister, Mrs. Nirmala Sitharaman in her Budget Speech 2023-24 Commonly referred to as Amrit Kaal Budget announced Mahila Samman Bachat Patra (Mahila Samman Saving Certificate) ...