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NPS

21 changes in Income Tax laws from April 1, 2017

Changes in Income Tax laws from April 2017 The financial bill 2017 (commonly known as Budget) has been passed by the Lok Sabha with some amendments. This bill deals with government finances along with tax provisions. Here are 21 changes that would be effective from the next financial year (FY 2017-18) which starts on April 1, 2017. 1. Reduced Tax for Lower slab: […] Continue reading →

NPS – Maturity, Partial Withdrawal & Early Exit Rules

NPS: Maturity, Partial Withdrawal and Early Exit Rules The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it have made […] Continue reading →