Contributions to NPS are tax-deductible up to₹1.5 lakh under Section 80C and up to₹50,000 under Section 80CCD(1B). Returns on NPS are market-linked. Returns on NPS fluctuate according to the returns on equities, corporate bonds, and government bonds. Over the past five years, equity...
Section 26A of the Income Tax Act, 1962 (Act 58 of 1962) states that "the taxable income of any person carrying on pastoral, agricultural or other farming operations must, in so far it is derived from such operation, be determined in accordance with the provisions of this act, but ...