NPS taxation in FY25: How to claim tax deductions for National Pension System under old, new tax regimes

NPS taxation in FY25: How to claim tax deductions for National Pension System under old, new tax regimes

The new financial year will start tomorrow and the investors will get another chance to review their investments and opt a suitable tax regime. There are various investment tools that are accepted under both tax regimes. Under the Old Tax Regime, numerous tax deductions and exemptions are offered under different sections of the Income Tax … Read more

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty has said that the pension schemes, such as the National Pension System (NPS) and Atal Pension Yojana (APY), have added 97 lakh new subscribers in 2023, taking the total subscriber base to 7.03 crore as of December 31, 2023. Of the total subscribers, 5.3 crore … Read more

Bengaluru’s 24×7 eateries to help shift workers and drive revenue

Bengaluru’s 24×7 eateries to help shift workers and drive revenue

The Bruhat Bangalore Hotel Association (BBHA) has formally urged the state government to grant permission for round-the-clock restaurant operations, highlighting manifold benefits for the industry. In a letter addressed to Home Minister Dr G Parmeshwara, the BBHA emphasised the significance of extended operating hours. The association, responsible for overseeing various establishments including hotels, restaurants, bakeries, … Read more

Citizen services in Covid times: Karnataka to kick off Sakala awareness pilot on use of online channels

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The State Government is taking up a campaign to create awareness about Sakala, the law that guarantees delivery of citizen services within a stipulated time, in a bid to encourage people to make use of online channels to get services they need. The Sakala Mission, the government entity overseeing implementation of the Sakala Act, has … Read more

Maharashtra unlock plan indicates Covid-19 situation is not normal

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The guidelines convey the need to maintain the Covid-19 appropriate behaviour in order to ensure that the situation does not deteriorate further. Maharashtra Covid-19 Unlock: The state government of Maharashtra has drafted a complex five-level unlock plan which will come into effect from June 7. The guidelines involve all measures that are necessary to keep … Read more

Lockdown fine but Maharashtra government should help the poor: Fadnavis

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Senior BJP leader Devendra Fadnavis on Sunday appealed to the people in Maharashtra to follow the restrictions and the weekend lockdown announced by the state government to tackle the spread of COVID-19 cases. The Leader of Opposition in the Legislative Assembly also said the government should focus on providing financial aid to the poor and … Read more

UP farmers getting high prices of their produce, claims Adityanath

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Farmers in Uttar Pradesh have access to better market and getting high prices of their produce due to the state government‘s consistent efforts, Chief Minister Yogi Adityanath claimed here on Saturday. After inaugurating a “jaggery festival”, the CM asserted his government has been working relentlessly to double the farmers’ income by making them available a … Read more

Maharashtra govt followed norms in denying state plane to Guv: Sanjay Raut

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MUMBAI: Shiv Sena leader Sanjay Raut on Thursday said the Maharashtra government has followed all the laid-down norms in disallowing Governor Bhagat Singh Koshyari to use a state plane for his visit to Dehradun. Rejecting the BJP‘s charge that the government has insulted the governor, Raut told reporters in Delhi that there was no politics … Read more

Maharashtra schools to reopen for classes 5 to 8 post health dept nod

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MUMBAI: The Maharashtra education department will allow reopening of schools for classes 5 to 8 only after getting the approval of the state health department, School Education Minister Varsha Gaikwad said on Wednesday. The state government had last month empowered district collectors and local authorities to decide on reopening of schools, which have been shut … Read more