nda government

Tax-Budget 2025: Tweaks in New Tax Regime – How much more you will earn in FY26 vs FY25 if your salary is Rs 12 lakh/year?

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Tax-Budget 2025: Tweaks in New Tax Regime – How much more you will earn in FY26 vs FY25 if your salary is Rs 12 lakh/year?

Tax Budget 2025: The introduction of Budget 2025 has resulted in significant changes that align with the expectations of the middle class. Notably, the Finance Minister has raised the tax-free income threshold to Rs 12 lakh, translating to Rs 12.75 lakh for salaried individuals after considering the standard deduction. A key highlight this Budget for middle-class … Read more

Effects of Budget 2025: Comparing benefits of Old and New Tax Regimes for salaried taxpayers

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Effects of Budget 2025: Comparing benefits of Old and New Tax Regimes for salaried taxpayers

Tax and Budget 2025: Finance Minister Nirmala Sitharaman made significant announcements that have delighted middle-class taxpayers. The changes include raising the rebate limit from Rs 7 lakh to Rs 12 lakh under the New Tax Regime (NTR). Additionally, Sitharaman made adjustments to the tax slabs, benefiting taxpayers in higher income brackets and giving them more … Read more

Centre to bring in social security scheme for gig workers soon: Report

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Centre to bring in social security scheme for gig workers soon: Report

The NDA government plans to roll out a social security contribution system for gig workers, where platforms employing these workers must deduct a specific percentage of their payments and deposit it into the Employees’ Pension Scheme. According to a report in the Times of India, the government may also match an additional 3-4% of the … Read more

NPS Vatsalya vs mutual funds: Can long lock-in period in schemes be a deterrent for investment?

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NPS Vatsalya vs mutual funds: Can long lock-in period in schemes be a deterrent for investment?

NPS Vatsalya vs mutual funds: The NPS Vatsalya scheme was floated earlier this week, which is one-of-a-kind scheme where parents can start saving for their minor children much before they enter into their adult life. The NPS Vatsalya is a long-term pension scheme proposed during the full Union Budget 2024, following the third-term victory of the … Read more

NPS Vatsalya calculator: Investment of Rs 10,000 can give you Rs 11 crore when your kid is 60 yrs

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NPS Vatsalya calculator: Investment of Rs 10,000 can give you Rs 11 crore when your kid is 60 yrs

NPS Vatsalya calculator: NPS Vatsalya is the recent addition to the range of pension schemes introduced by the NDA government under the leadership of Prime Minister Narendra Modi. The newest scheme represents a significant stride towards ensuring social security coverage for all citizens and empowers individuals to leverage the potential of compounding, allowing them to steadily build … Read more

‘वन नेशन वन इलेक्शन’ पर तेजी से काम कर रही केंद्र सरकार, इसी कार्यकाल में आएगा बिल!

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‘वन नेशन वन इलेक्शन’ पर तेजी से काम कर रही केंद्र सरकार, इसी कार्यकाल में आएगा बिल!

केंद्र की एनडीए  सरकार अपने मौजूदा कार्यकाल के दौरान ही ‘एक राष्ट्र एक चुनाव’ पर विधेयक लाएगी. सूत्रों ने रविवार को यह जानकारी दी. लोकसभा और राज्य विधानसभाओं के लिए एक साथ चुनाव कराने की अवधारणा को ‘एक राष्ट्र, एक चुनाव’ नाम दिया गया है. सूत्रों ने कहा कि राष्ट्रीय जनतांत्रिक गठबंधन (NDA) में शामिल … Read more

Unified Pension Scheme: How will pension be calculated if service is less than 25 years? Check details

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Unified Pension Scheme: How will pension be calculated if service is less than 25 years? Check details

The Unified Pension Scheme (UPS), introduced by the NDA government as an alternative to the current National Pension System (NPS), has sparked significant speculation concerning its reach and pension fund. Subscribers of the NPS under the government who transition to the UPS or new entrants stand to benefit from its enhanced security in the form … Read more

UPS vs NPS vs OPS: Here are the key differences between the different pension schemes 

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UPS vs NPS vs OPS: Here are the key differences between the different pension schemes 

Unified Pension System: The Narendra Modi-led government has approved a new pension scheme, the Unified Pension Scheme, which will come into effect in the next fiscal year, i.e. FY2025-26. After facing much criticism for removing the Old Pension Scheme, the NDA government has introduced the Unified Pension Scheme, which amalgamates the advantages of the previous … Read more

Union Budget 2024: Experts call for enhancement of deduction limit under 80C, simpler terms for capital gains tax

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Union Budget 2024: Experts call for enhancement of deduction limit under 80C, simpler terms for capital gains tax

Budget expectations: When it comes to yearly tax savings, Section 80C is one of the widely used tools for salaried individuals and Hindu Undivided Families (HUFs). Under Section 80C of the Income Tax Act, salaried individuals and Hindu Undivided Families (HUFs) are entitled to income tax benefits of up to Rs 1.5 lakh by investing in … Read more

Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

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Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, one thing investors, taxpayers, corporates, and mutual fund houses will be keen to know will be changes in the capital gains tax structure. Currently, the capital gains tax system lacks uniformity, leading to varying tax burdens for investors based on the type of … Read more